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: Stocks were staging a comeback following a nasty selloff on Tuesday. But the rally has not been concentrated in AI-related names. It has developed as a broader move, driven by a few developments. Most notably, the ADP payrolls report showed private employers added 42,000 jobs in October, more than the Dow Jones consensus estimate of 22,000. That's a nice turnaround from September's loss and helped cool fears around a weakening labor market. The ADP report doesn't always line up perfectly with the non-farm payrolls, but it's the best data point on the labor market we have due to the ongoing government shutdown. T

See Full Page