Greetings @Juem0126!
This is a wonderful questions. Harvesting losses are when we sell stocks or other securities at a loss to offset gains. It is a great strategy if implemented correctly. In your case you have a loss on stocks which is considered a capital loss and income from CD interest which is considered ordinary income. The great news is even if you don't have capital income to be offset by the capital loss, up to $3,000 can be used to offset ordinary income! So in summary yes it can, but the amount of loss would be limited to $3,000. Any excess will be roll over until used.
Best of luck on your investment journey!!
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