Wall Street boosts the ‘Trump Trade’ following the attack, while the ASX fluctuates.

Miners weighed on the Australian sharemarket on Tuesday after the local bourse reached a record high at the start of the week.

Despite overnight gains on Wall Street, where investors increased their bets on a second Trump presidency following the failed assassination attempt on the Republican candidate over the weekend, local trading remained weak.

The S&P/ASX 200 Index dropped 17.5 points, or 0.2 percent, to 8000.10 around 12:20 pm AEST, with six of the eleven sectors trading positively, led by banks and industrial companies.

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