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Reacting To Another Market Selloff

BOSTON (CBS) - There was no single factor that caused Thursday's 419 point plunge on the Dow Jones 30 industrials.

Art Hogan, Managing Director at Lazard Capital Markets, says we can expect more volatility, mainly because of instability in Europe, along with uncertainty about addressing the US deficit.

Hogan calls this a wake-up call. He cautions investors not to over-react in the short term.

WBZ NewsRadio's Anthony Silva reports

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