The Dow Jones industrial average fell as much as 567 points shortly after the opening bell, then jumped as much as 367 points in the first half-hour of trading.
US markets started lower after major indexes in Asia and Europe sank Tuesday, but a late surge helped them regain nearly half the losses from their biggest plunge in 6 1/2 years the day before.
US market indexes were lower Wednesday. The Dow had more than a 1,100-point difference between its intraday high and low, according to MoneyControl.
"If you're investing in a 401k or an IRA and you're putting money in every month, you should be really excited right now that the market just fell because now you can go in and buy more shares of these great companies in America", added Binsfield.
In small-caps, the Russell 2000 Index closed at 1,507.97 for a gain of 0.80 points or 0.05%. The fragile rebound lifted the market a bit, and the Dow and S&P 500 are now about 8% off their from all-time highs.
The market's main gauge of volatility, the Cboe Volatility Index .VIX , rose 5.73 to 33.46 on Thursday, about three times the average level of the past year.
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The news comes as the fate of the Everett casino, and Wynn's license, hangs in the balance. Wynn , a close ally of Trump , said at the time.
Investors remain fearful that signs of rising inflation and higher interest rates could stifle the bull market that has pushed stocks to record high after record high in recent years. That's less than the 10 percent drop that is known on Wall Street as a "correction".
USA 10-year yields were at 2.789 per cent, up from 2.766 per cent on Tuesday.
Japan's Nikkei 225 average lost 2.8 percent to 21,240.05 in early trading Friday. The Standard & Poor's 500 index lost 0.5 percent to 2,681.66.
Instead, most people base their day-to-day spending decisions on their paycheck and other sources of income, not on their stock market holdings.
With Thursday's drops, the benchmark S&P 500 and the Dow industrials confirmed they were in correction territory, both falling more than 10 percent from January 26 record highs.
"The choppiness this morning is trying to figure out where we should be", Willie Delwiche, investment strategist at Robert W. Baird in Milwaukee, said.
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The rarely seen member of North Korea's ruling family is expected to stay in South Korea for three days, attending the Olympics. Pence told reporters that part of the goal of his visit was to tell "the truth about North Korea at every stop".
The Nasdaq Composite was down 129.01 points, or 1.83 per cent, at 6,922.98.
After a period of calm, volatility has become the new normal on Wall Street, with the Cboe Global Markets Inc., which reflects options bets 30-days into the future on the S&P 500, off 5.1%, at 28.44. This material should not be relied upon as a forecast or investment advice regarding any investment or the markets in general, nor is it meant to predict or depict the performance of any investment. USA crude dropped 2.08 percent to $62.07 per barrel and Brent was last at $66.12, down 1.11 percent.
The broad-based S&P 500 shed 0.2 per cent to 2,676.46, while the tech-rich Nasdaq Composite Index edged up less than 0.1 per cent to 7,054.61.
Several other companies also have announced employee bonuses or enhanced benefits since Republican lawmakers and President Donald Trump sped a $1.5 trillion tax cut plan into law at the end of past year.
New York Federal Reserve President Bill Dudley told Bloomberg News on Thursday that if the US economy keeps getting stronger the central bank may be justified in raising rates four times this year.
Benchmark 10-year notes last rose 7/32 in price to yield 2.7696 percent, from 2.794 percent late on Monday. The Nasdaq lost 274 points, or 3.9 percent, to 6,777.
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It will enable access to live streams of all ESPN's networks providing consumers or subscribers to multi-channel packages. Revenues for the quarter increased 4 percent to $15.35 billion from $14.78 billion previous year .
In U.S. trading, banks fared the worst as bond yields and interest rates nosedived. Brent crude, the benchmark for global oil prices, lost 76 cents, or 1.1 percent, to $66.86 a barrel in London.