Squawk Box anchors discuss the US stock markets’ strong start to the second quarter on the back of surprisingly solid gains in manufacturing activity in the US and China, also helping Chinese stocks hit a seven-month high. In the UK, MPs again fail to back alternatives to the Brexit deal. We have detailed analysis from Westminster. The OECD predicts that Italy’s budget deficit will rise to 2.5 per cent this year and Lyft’s debut gains are wiped out with the ride-hailing firm falling 12 per cent on the second day of trade. Meanwhile, we’re live in Turkey, where President Erdogan’s AK party is disputing local elections which saw it lose several key cities.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.