Big jobs report miss | Dow stumbles | Bad market omen?

This year's run of all-time highs for the S&P 500 has put 2021 in some rare territory, and that might make some investors nervous.

VIEW IN BROWSER | SUBSCRIBE FRI, SEP 03, 2021 EVENING BRIEF AS OF FRI, SEP 03, 2021 • 04:33 ET DJIA 35369.09 -0.21% -74.73 S&P 500 4535.43 -0.03% -1.52 NASDAQ 15363.52 +0.21% +32.34   Most Active DOW NAME LAST CHG %CHG AAPL 154.30 +0.65 +0.42% MSFT 301.14 -0.01 -0.00% INTC 53.51 -0.22 -0.41% S&P 500 NAME LAST CHG %CHG AAPL 154.30 +0.65 +0.42% CCL 22.96 -1.06 -4.41% AMD 109.92 +0.72 +0.66% NASDAQ NAME LAST CHG %CHG AAPL 154.30 +0.65 +0.42% AMD 109.92 +0.72 +0.66% NVDA 228.43 +4.47 +2.00%   EDITOR'S NOTE The Dow Jones Industrial average stumbled on Friday, after a major miss in the August jobs report.    Tech stocks supported the broader market, leading the Nasdaq Composite to outperform and the S&P 500 to close little changed.   But the S&P 500 still managed to end the week in the green, up 0.6%. The benchmark also on Thursday notched its 53rd record close of 2021, which is the fifth most of any year over the past century, according to Bank of America.    While many on Wall Street are bullish about where stocks will go from here, history shows that this type of run for the market can signal a rocky period ahead. In fact, two of the top-10 years for record highs are 1929 and 1987, which featured dramatic market crashes.    "Top 10 years of 'highs' have a certain notoriety, both good & bad," Michael Hartnett, the chief investment strategist at Bank of America Securities, said in a note to clients.  Jesse Pound | CNBC Markets Reporter @jesserpound TOP NEWS  Dow falls after big jobs report miss, tech stock gains limit losses Jobs report disappoints — only 235,000 positions added vs. expectations of 720,000 Here's where the jobs are — in one chart Democrats consider new taxes aimed at CEO pay, stock buybacks for $3.5 trillion budget plan Biden blames delta variant, unvaccinated people for weaker-than-expected jobs report Apple delays its criticized plan to scan iPhones for child exploitation images 3.2 million Americans are still long-term unemployed as benefits are set to expire Meme stock mania is still messing up hedge funds and some of Wall Street's regular practices Engine No. 1 takes climate fight to other big oil companies after underdog win at Exxon Photos show space company Firefly's first rocket explode during launch above California   TOP VIDEO Why there's a a slowdown in SPAC activity   CNBC PRO These are the two favorite trades of retail investors right now   SPECIAL REPORTS Why fake wood decks are booming Disappointing August jobs report could slow the Fed taper and increases twin fears for the economy   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS