Major Fed rate dissent, Powell to stay on — plus, Boeing takes an unwarranted hit

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 pulled back for the second day in a row — a little wobbly as oil prices continued to rise. West Texas Intermediate crude topped $107 per barrel, while international Brent crude prices exceeded $119. U.S. gasoline prices were also increasing, with the AAA national average up to nearly $4.23 per gallon from roughly $4.18 on Tuesday and $4.02 one week ago. Bonds were on the move with the 10-year Treasury yield back above 4.4%, despite the Federal Open Market Committee on Wednesday afternoon leaving interest rates unchanged at the conclusion of its two-day April meeting. The 8-to-4 vote from the FOMC, the Federal Reserve's policymaking group, was significant because it's the first time since 1992 that four central bankers dissented. Fed governor Stephen Miran voted again for a cut. Regional Fed presidents Beth Hammack, Neel Kashkari, and Lorie Logan voted to hold rates steady but "did not support the inclusion of an easing bias" in the policy statement. During what's expected to be his final post-meeting news conference as Fed chairman, Jerome Powell said that when his chairmanship ends next month, he plans to stay on as a central bank governor for a yet-to-be-determined period of time. …