The S&P 500 is set for a ninth day of gains, its longest winning run since 2004. Bitcoin nears $100,000. Meanwhile, gold has fallen below $3,300 an ounce and heading for the first back-to-back weekly loss this year. 

It's jobs day. The data will provide the first look at the labor market since the US imposed sweeping punitive tariffs. Nonfarm payroll growth probably decelerated to 138,000 last month after blowing away expectations in March, estimates show. 

Stocks in Asia rally as China said it is assessing the possibility of trade talks with the US. Futures on the S&P 500 Index erase early losses, with European contracts outperforming. The Bloomberg Dollar Spot Index slips while US Treasuries edge down.

Treasury yields rose after investors slightly curbed their bets on US interest-rate cuts this year following moderately better-than-expected manufacturing data.

Japan's Finance Minister Katsunobu Kato said the country's US Treasury holdings are a card in ongoing trade negotiations, speaking on TV Tokyo. But whether Japan will use that card is a different decision, he said.