It fell 1,175 points on Monday.
The Standard & Poor's 500 index rose 16 points, or 0.6 percent, to 2,598.
USA stocks declined Wednesday after fluctuating between gains and losses, as investors became cautious amid rising bond yields.
The turmoil on the USA markets may deepen as Dow futures slipped by 400 points, or 1.7 percent, on Tuesday morning.
Oil prices were down after data showed USA crude output had reached record highs and the North Sea's largest crude pipeline reopened following an outage.
The three main indexes rose by more than 1 percent on opening.
In Asia, Japanese and Korean benchmarks recouped losses from the day before in early Wednesday trading, mirroring a similar "correction" rally on Wall Street. The index closed trading 1,177 points lower, erasing all gains for the year and only two stocks finishing higher. The Nasdaq was down 125 points, or 1.8 percent, to 6,651. Brent crude, the benchmark for global oil prices, rose 54 cents to $67.40 a barrel in London. Average hourly wages grew 2.9 percent from a year ago - the largest increase since 2009.
GOOGLEFTSE 100 price The FTSE 100 in the UK took a battering today
The drop comes on the heels of a similar plunge Monday that erased the stock market's gains for the year.
At 9:32 a.m. ET (1432 GMT), the Dow was up 346.11 points, or 1.45 percent, at 24,206.57.
The pivotal gauge of S&P 500 volatility, the VIX, opened at a relatively elevated 31 points and slipped to 21.74.
At the same time, higher interest rates can make investment alternatives to stocks, such as bonds, more attractive.
Dow and S&P 500 stock futures moved higher early Friday, on the heels of a severe bout of late selling, which pushed both indexes into correction territory.
"While volatility in the markets has eased over the last couple of days, it has remained at very high levels - probably a sign of the ongoing nervousness among investors which may leave markets vulnerable to further declines", Craig Erlam, senior market analyst at Oanda, said in a note. The S&P 500 came down the same percentage, plummeting to close at 2,581 on Thursday. The Nasdaq composite climbed 40 points, or 0.5 percent, to 7,003.
Analysts are pointing that the blazing start that the index had entering on the market combusted and failed to carry the positive trading as the Treasury yield rises.
Jerome Powell officially takes over the US Federal Reserve
With the economy improving steadily, the Fed will likely raise rates three times in 2018, as projected under Yellen. Yellen was the first woman and the fourth Jew to serve as Fed chair. "We intend to keep it that way", Powell said.