US futures mixed ahead of August jobs report many expect will show a rebound in hiring

futures are mixed ahead of the crucial August jobs report that could influence the U.S. Federal Reserve and it's next call on interest rates.Futures for the S&P 500 climbed 0.1% on Friday, while those for the Dow Jones Industrial Average slipped 0.1%. Labor Department is expected to report that the American job market bounced back last month from a dismal July.

But the job outlook is still clouded by a shortage of workers – the result of President Donald Trump’s immigration crackdown and the retirement of baby boomers – and by businesses’ stepped-up use of technology to do tasks that human beings once did.The new data that will be released before the market opens likely showed that U.S. employers – companies, government agencies and nonprofits – collectively added a net 65,000 jobs last month after they slashed a surprising 23,000 positions in July, according to a survey by the data firm FactSet.In energy trading, benchmark U.S. crude declined 0.9% to $90.49 a barrel.

Brent crude fell 0.7% to $94.84 a barrel, but both are up sharply this week, rising 8% to 9%. gasoline prices will be higher this weekend than they have ever been at this time of year, according to AAA.Diesel hit an all-time high for any time of the year on Friday, soaring to an average of $5.85 a gallon as the six-month war with Iran disrupts the world’s flow of fuel. Because diesel is used for many freight and delivery networks, higher diesel prices mean higher transportation costs for a long list of everyday goods, a price shock that can impact prices for consumers.The war, which has intensified over the past week, is the main cause behind the recent surge in energy prices as the Strait of Hormuz remains effectively closed.Iran fired at Kuwait on Thursday in retaliation for U.S.

bombardments earlier in the week.Shares of Lululemon Athletica slid more than 20% before the market open as the retailer lowered its fiscal full-year outlook again and a key sales figure dropped 9% in the second quarter.Wall Street is also looking closely at interest rates, with some investors are taking the recent remarks by Federal Reserve governor Christopher Waller as a sign that perhaps the Fed isn’t as likely to raise its short-term interest rates at its next policy meeting in two weeks as previously expected.Waller said that, if new data next week shows inflation is…