According to the Securities Times app, on Tuesday, the stock price of Donald J. Trump Media Group (DJT.US) fell sharply, dropping more than 8.7% to $30.49 by the time of publication. On the news front, goldman sachs trader Mike Washington stated that with the respective interest rate cuts of 25 basis points by the elections, the Federal Reserve, and the Bank of England, the fluctuations in yields (10-year Treasury yield fell 7 basis points to 4.30% within a week), along with a prolonged earnings reporting cycle, investor fatigue has become apparent.

However, despite this, Washington remains optimistic, forecasting that rotation pressure will continue to be a significant feature of the market as investors allocate funds to smaller companies and seek opportunities in cyclical/inflation themes.