Stock futures climbed on Friday as top semiconductor stocks gained ahead of a payrolls report that’s expected to show a modest increase in hiring. Oil held steady as the Iran ceasefire appeared intact even with overnight clashes near the Strait of Hormuz.

S&P 500 futures were up 0.5% as of 7:20 a.m. in New York, and Nasdaq 100 contracts added 0.7%. Heavyweight chips stocks Nvidia Corp., Micron Technology Inc. and Qualcomm Inc. rose while Microchip Technology Inc. climbed 2.4% after earnings beat estimates. West Texas Intermediate crude oil was little changed at about $95 a barrel.