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Dow millennium marks
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July 16, 1997: 4:17 p.m. ET
This time it took only five months to gain 1,000 points
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NEW YORK (CNNfn) - The Dow Jones industrial average rocketed past the 8,000 mark in Wednesday trading to finish the day up 63.17 at 8.038.88.
Here are milestones it has hit along the way:
- July 3, 1884 -- Dow Jones publishes its first average of U.S. stocks.
- Jan. 12, 1906 -- Closes above 100 for the first time, at 100.25.
- Oct. 28, 1929 -- Plummets 38.33 points, cutting nearly 13 percent of the average's value, closing at 260.64.
- Nov. 14, 1972 -- Closes above 1,000 for the first time, at 1,003.16.
- Jan. 8, 1987 -- Breaks 2,000, rising 8.30 to 2,002.25.
- April 17, 1991 -- Rises 17.58 to 3,004.46, first close above 3,000.
- Feb. 23, 1995 -- Crosses 4,000, rising 30.28 to close at 4,003.33.
- Nov. 21, 1995 -- Closes above 5,000 for the first time, rising 40.46 to 5,023.55.
- Oct. 14, 1996 -- Rises 40.62 to close at 6,010.00, first close above 6,000.
- Feb. 13, 1997 -- Rises 60.81 to close at 7,022.44, first close above 7,000 and fastest 1,000-point gain ever.
- July 16, 1997 -- Dow rises above 8,000 for the first time.
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