Asian stock markets and US Futures begin the week in the red, after the Dow posts its worst weekly performance since the middle of March. This as Chinese industrial output in May misses expectations as Beijing is forced to lock down more than 10 neighbourhoods following a Coronavirus outbreak at a local market, raising fears of a second wave in the country. In the U.S., infections also spike in the southern states of Florida, Alabama and South Carolina where record number of new cases a reported for a third day in a row. In Europe months of travel restrictions are eased and borders are reopened as EasyJet prepares to launch its first flight since March from Gatwick.

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