Market’s down 400 points [updated after market close]

Related: Stocks fall as investors ponder Obama presidency
…aaand now down 470 at 3:59 PM.
…aaand closes down 486 points.

Election-Day euphoria vanished into a cloud of negativity on Wednesday as the Dow plummeted almost 500 points, its worst post-election plunge on record. The losses narrowly surpassed the Dow’s 4.51% plunge in the day following Franklin Roosevelt’s election in 1932 during the Great Depression.

What. A. Shock.