Stocks Surge to Start the Week, Regeneron's Covid-19 Treatment Disappoints, Returning Aid, Apple Pushing Back Production

Published: April 27, 2020, 2:18 p.m.

b"Carl Quintanilla, Jim Cramer and David Faber discuss the up start for stocks to kickoff the week.\\xa0Regeneron's arthritis drug that was seen as a promising treatment for some Covid-19 patients delivered disappointing results in clinical studies.\\xa0The global total for confirmed coronavirus cases closing in on 3 million.\\nAdidas reports results and a 93% plunge in first-quarter profit and sales of 19% missing forecasts and warning of a deeper hit to Q2 revenue.\\xa0Boeing drops it\\u2019s Embraer deal saving around $4 billion in much-needed cash. A report says that Apple is pushing back the production of its new iPhone models.\\xa0Plus, at least 13 of the public companies that received hardship loans said they\\u2019ll be returning the money."