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. Stocks stumble: The market struggled Wednesday following the release of the March consumer price index report. The 10-year Treasury yield surged as high as 4.55%, from 4.35%, after the inflation proxy report was a touch hotter than expected. Large upward moves in rates tend to put the stock market in a tailspin.
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City.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.