The Dow Jones Industrial Average first closed above 1,000 in 1972 after the 1929 crash.
The Dow reached a closing level above 1,000 in November 1972, decades after the Wall Street Crash. This milestone illustrates how long it took the index to move through the combined effects of the Great Depression, World War II, postwar inflation, and later market cycles.
The index had surpassed its 1929 closing peak by 1954, but crossing 1,000 was a separate psychological and numerical milestone. The Dow's value is an index calculation based on the prices of its component companies, so it is not the same as the total market value of all U.S. stocks.
The date is also unrelated to the later 1973–1974 bear market, when U.S. shares fell substantially amid inflation, oil-price shocks, and economic weakness. A closing level above 1,000 therefore marked an important high-water point before another major decline, not the end of stock-market volatility.