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 mixed: Stocks were higher Tuesday in what has been a volatile session for the S & P 500 . The market initially welcomed softer wholesale inflation data and reports of a potentially more measured take on tariffs from President-elect Donald Trump. However, there was some second-guessing as the day progressed. While the cooler-than-expected producer price index news was encouraging, the data wasn’t viewed as important enough to settle bonds down. The release of the consumer price index report on Wednesday will hold much more weight. As of roughly 2 p.m. ET, the yield on the 10-year Treasury note was essentially flat on the day, at roughly 4.797%. Tariffs continue to create some uneasiness. Early on, stocks received a boost from a Bloomberg News report that said members of Trump’s incoming economic team are considering a slow ramp-up of tariffs, preferring a month-by-month basis. The idea is that a gradual approach will be better for trade negotiations. The advisors also don’t want to risk an inflation spike. We know Trump is a firm believer in tariffs as a tool, but there’s still a debate around their ultimate magnitude and scope. But after Trump posted on the social media platform Truth Social about creating an
