Which U.S. stock index first closed above 1,000 points before the 1973–1974 bear-market crash?

The Dow Jones Industrial Average was the U.S. stock index that first closed above 1,000 points before the 1973–1974 bear-market crash.

The Dow first closed above 1,000 on November 14, 1972, reaching a milestone that reflected the strong market of the late 1960s and early 1970s. The advance did not last. The market entered a major bear phase in 1973, and the Dow reached a low of 577.60 on December 6, 1974.

The decline occurred amid inflation, recession, monetary pressures, and the 1973 oil crisis. The Watergate scandal and political uncertainty also damaged investor confidence. Because the index was price-weighted, its point level did not represent the value of all U.S. companies equally.

The S&P 500 is a different index, based on a broader group of large U.S. companies. The Dow's 1,000-point milestone is therefore a specific historical fact about the Dow, not a claim about every major U.S. benchmark.