Dow Jones average edges higher, erasing losses

Dow Jones average edges higher, erasing losses :NEW YORK - The Dow Jones Industrial Average plunged more than 300 points, erasing its gains for the year as investors grew more worried about economic weakness in the U.S. and Europe.
The Dow Jones Industrial Average rose 29.82 points and broke an eight-day losing streak. The Dow was as much as 166 points in the morning. A ninth day of losses would be the longest for the blue chip index has been since February 1978.