1.3 isn't too dramatic of a shift to begin with. Somewhat noteworthy, most days, but not alarming. It happens. That it happens after this election result is hardly surprising, though. Stock market investors are the same type of creature as Mitt Romney, and would hardly support Obama's wealth redistribution platform.
The stock market isn't the real economy anyway. It just shifts money around and doesn't go to any productive capital. The real economy is here: