The Dow had been down as many as 548 points during the Tuesday session before bouncing back.
Correction territory isn't looming just yet – both the Dow and S&P 500 are still about six percent below their most recent all-time highs.
The Nasdaq fell for a third straight week and both the S&P 500 and Nasdaq are on pace to post their largest monthly losses since January 2016.
The S&P 500 and Nasdaq haven't been able to post back-to-back gains during October. The Dow has not done so since rising on the first three days of the month.
The rally Tuesday trimmed the Dow's October loss to about 2.5 percent, with the S&P 500 off 3.6 percent for the month and the Nasdaq still down about 5 percent.
The Nasdaq, which was lower for virtually the entire session Monday, has also fallen in six of the past eight days.
Strong gains for the major averages Friday still left the Dow and S&P 500 about six percent below their most recent record highs.
Top tech CEOs lost nearly $16 billion in combined wealth.
Opener hopes to bring vertical take-off and landing (VTOL) vehicles to the masses. The company invited CNBC inside its headquarters to chat with Alan Eustace, a former Google exec who is the company's technical advisor.
Larry Page is backing Silicon Valley start-up Opener, which has joined the growing number of companies attempting to bring "flying cars" to the masses.
The Dow, S&P 500, and Nasdaq are all on track to post their biggest weekly losses since the week ending March 23.
Futures were sharply lower this morning after the Dow on Wednesday plunged nearly 832 points, or 3.15 percent, in its worst sell-off since February.
The S&P 500 has not posted losses five days in a row or longer in nearly two years, and the Dow isn't faring much better.
The S&P 500 and Nasdaq fell for the third day in a row on Monday. The Dow broke a two-day losing streak.
Markets moved lower Thursday, with the Dow breaking a five-day win streak. The S&P 500 and Nasdaq saw their worst days since June.
The S&P 500 posted its second positive session in three, while the Nasdaq broke a two-day losing streak.
The S&P 500 saw its second negative session in three Tuesday, while the Nasdaq saw a second straight negative session.
The Dow has a three-day win streak after posting the best gain of the major averages Monday.
Musk and other CEOs have bought into their own hype, says this successful serial entrepreneur.
The Dow and S&P 500 are on pace to post positive results for the month, while the Nasdaq is likely to register its first monthly decline since March.