New Delhi, Dec. 16 -- Wall Street was mostly flat on Tuesday as investors digested a jobs report that pointed to a softening labor market.

As of 10 A.M. Eastern Time, market movement was mixed. The S&P 500 was virtually flat, the Dow Jones Industrial Average was down 0.1%, and the Nasdaq Composite was 0.3% higher.

The Labor Department released data showed US job growth rebounded in November after a decline in non-farm payrolls in October, which was attributed to government spending cuts.

However, the underlying health of the labor market appeared to be weakening, with the unemployment rate rising to 4.6% in November.

This deceleration comes against a backdrop of ongoing economic uncertainty, particularly stemming from President Donald...