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. Markets sink: Stocks are taking it on the chin Friday, capping off a week in which the S & P 500 fell about 2%. Some of the selling this week was tied to profit-taking after the enthusiasm of last week’s postelection rally. There’s always an argument to be made that when you get a pop like last Wednesday — when the S & P 500 soared more than 2.5% on Donald Trump’s election win — you’re borrowing some gains from the future. But higher interest rates also played a role this week. The yield on the benchmark 10-year Treasury note jumped this week to around 4.41%, as of Friday afternoon, but at times was even higher than that. It ended last week around 4.31%. On Thursday, Federal Reserve Chair Jerome Powell reiterated that the central bank was not
