Did Omicron Just Throw the Market Into Complete Upheaval?

A day is a day, not a trend, but today looks to be a pretty serious watershed day as the S&P-500 (-2.3%) just saw the worst post Thanksgiving/Black Friday decline in 80 years (1941). The cyclically and value biased Small Caps (-3.75%) were worse, down over 5% intraday and posting the worst day since June…