US STOCKS-Futures rise as oil prices steady, dollar weakens
* Futures up: Dow 40 pts, S&P 4 pts, Nasdaq 10 pts
By Tanya Agrawal
Feb 4 (Reuters) - U.S. stock index futures were higher on Thursday as oil and commodities got a boost from a weakening dollar.
* The dollar index which measures the greenback against a basket of six major currencies, hit 96.65, its lowest level in more than three months.
* The index fell sharply after weak U.S. data and comments from a Fed policymaker signaled that further rate hikes could be delayed.
* Oil prices held on to most of their previous day's gains of 7 percent as the dollar weakened and Venezuela appeared to be gaining support from more members of OPEC and other producers for a meeting.
* Fed policymaker William Dudley said in an interview published on Wednesday that monetary conditions had tightened since the Fed raised rates and that rate-setters would have to take this into account.
* The federal fund futures market indicates traders no longer expect a Fed hike this year.
* Stocks globally have had a rough start to 2016, hurt by tepid U.S. growth, falling oil prices, and concern that the world faces a China-led slowdown. Continuación...