US futures climb after stocks hit record highs, while the dollar flatlines ahead of key employment data

US futures climb after stocks hit record highs, while the dollar flatlines ahead of key employment data

US stock futures climbed on Friday while the dollar consolidated after a marked decline as investors awaited key employment data that could influence the Federal Reserve's monetary policy. were up 0.19% after on Thursday rose 0.28% to hit another record high - its 53rd this year. futures were 0.16% higher, and were up 0.14%. Meanwhile, the dollar stayed roughly flat ahead of the key data release, with the hovering at around 92.2. The index has fallen from 93 on Friday last week, when Fed Chair Jerome Powell declined to commit to a timeline for the central bank to withdraw its support for the US economy. Investors have also sold the greenback ahead of Friday's nonfarm payrolls data, which is expected to show a slowdown in hiring in August. Elsewhere, Europe's slipped 0.05%, and China's fell 0.54% overnight. Tokyo's index jumped 1.61% to a 30-year high after Japanese Prime Minister Yoshihide Suga said he would resign, triggering hopes that his replacement may increase stimulus spending. The closed 2.05% higher. US will be published at 8.30 a.m. ET and is expected to show that nonfarm payrolls rose by 725,000 in August, according to economists polled by Bloomberg, down from the 925,000 increase