TOKYO, June 8 (Reuters) - Japan's Nikkei share average fell

more than 3% while the yen traded above 160 per dollar on Monday

on renewed concerns about technology valuations and a flare-up

in Middle East hostilities.

The benchmark Nikkei 225 Index fell 3.7% to

64,108.44 in early trading. The broader Topix slid 2.19%

to 3,863.09.

Tech stocks in the U.S. cratered on Friday after a hot May

jobs report fuelled fears of a hawkish policy pivot from the

Federal Reserve. The Philadelphia SE Semiconductor Index

posted its largest one-day plunge since March 2020.

U.S. President Donald Trump said on Sunday he would tell

Israeli Prime Minister Benjamin Netanyahu not to strike back

after Iran fired a salvo of missiles at Israeli targets in

retaliation for an attack on the outskirts of Beirut, news

outlet Axios reported.

The largest losers on the Nikkei were Ibiden ( IBIDF ), down

12.6%, followed by Screen Holdings ( DINRF ), down 10.1%, and

Sumitomo Electric, which lost 9.5%.