The U.S. stock market is holding steadier Wednesday following two days of punishing swings driven by worries about how high oil prices will go because of the war with Iran.

Major US indexes recover after falls earlier in the day amid concerns of rising gas prices

The U.S. stock market is holding steadier Wednesday following two days of punishing swings driven by worries about how high oil prices will go because of the war with Iran.

Stocks rebounded on Wednesday, buoyed by gains in technology and semiconductor giants. Oil prices stabilized after this week's surge.

The Dow Jones Industrial Average plunged as many as 945 points before finishing with a loss of 453, or 0.9%, and the Nasdaq composite sank 1.6%.