The Dow erased a 55-point slide to finish up 33.48 at 6,600.66. Yesterday the blue-chip barometer stumbled to a record high after surrendering a 75-point gain and dipping into negative territory.
Advancing issues outnumbered decliners by nearly a 3-to-2 margin on the New York Stock Exchange, with 1,505 up, 1,041 down and 789 unchanged. NYSE volume was 538.21 million shares vs. 527.11 million yesterday.
Broader measures also turned positive as bonds cut the session's losses, with the Nasdaq market closing at a record high for the second straight day.
The Standard & Poor's 500-stock list rose 5.59 to 753.24, and the NYSE's composite index rose 2.62 to 396.90.
The Nasdaq composite index climbed 11.33 to 1,327.73, and the American Stock Exchange composite index rose 3.57 to 575.63.
Bonds started the day higher, but pulled lower by the time stock trading began, sending the yield on the 30-year Treasury bond - a key determinant of corporate and consumer borrowing costs - as high as 6.81 percent. By late afternoon, the yield had eased to 6.79 percent, but that would still be the highest day-ending level since late October.
Although some measures set new highs yesterday, a broad follow-through to Friday's rally faltered as the long-bond rate rose to 6.77 percent.