Mumbai, Dec. 17 -- The tech-heavy Nasdaq rose 54.05 points (0.2%) to 23,111.46, the S&P 500 slipped 16.25 points (0.2%) to 6,800.26 and the Dow slid 302.30 points (0.6%) to 48,114.26.

Wall Street trading turned choppy after the Labor Department's November jobs report showed mixed signals. Non-farm payrolls rose by 64,000 jobs-stronger than expected-but followed a sharp loss of 105,000 jobs in October. The unemployment rate climbed to 4.6%, the highest since September 2021, suggesting a cooling labor market even as hiring rebounded modestly.

Economists said the data increased the likelihood of more Federal Reserve rate cuts but also fueled concerns about economic weakness. Meanwhile, retail sales in October were flat, missing expectation...