Stocks rally and oil falls. Plus, the implications of Samsung averting a strike

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 are rallying on Wednesday with the AI trade re-claiming its leadership. It's the first positive session for the S & P 500 since last Thursday. Helping support the market was the decline in oil prices and interest rates after President Donald Trump told reporters that peace deal negotiations with Iran were in the "final stages." We've heard similar comments before, so we need to stay grounded about what actually happens next. Still, it's hard to ignore the impact his remarks have on the markets. Oil fell roughly 5%, bringing U.S. benchmark West Texas Intermediate crude falling below $100 per barrel for the first time since May 11. Bond yields moved lower too, with the 10-year yield dropping below 4.6%. A labor strike at Samsung was averted at the last minute, as the South Korean electronics and semiconductor manufacturing giant reached a tentative deal with the labor union. It's positive news for the semiconductor ecosystem because a strike could have disrupted operations and added stress to an already supply constrained ecosystem. Samsung is one of Club name Qnity Electronics' largest customers, though management downplayed concerns about any significant impact from the strike during last week's earnings call. China confirmed on Wednesday a deal to purchase 200 Boeing planes. …