Social media stocks jump on a TikTok ban development. But it might be premature

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Social media stocks jump on a TikTok ban development. But it might be premature
Broadcom Inc,Apple Inc,Qualcomm Inc

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Friday markets: The S & P 500 resumed its record-high climb after a slight dip Thursday. The index was on pace for its third positive week in a row. Stocks initially got a boost from the government's November nonfarm payrolls report.

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

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