Starbucks stock is a bright spot in Wednesday's bleak market. Here's why

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. The S & P 500 and Nasdaq were headed for back-to-back losses . A rise in oil prices Wednesday on renewed Iran war tensions pressured stocks. The highest consumer price index reading in over three years boosted bond yields, which did not help. …