(Recasts with preliminary close of trading, adds analyst

comment)

* Tech shares lead gains following Friday's selloff

* Apple ( AAPL ) rolls out new AI-powered Siri

* Iran and Israel halt attacks

By Caroline Valetkevitch and Sruthi Shankar

June 8 (Reuters) - U.S. stocks ended mostly higher on

Monday, led by gains in the Nasdaq and chipmakers as investors

sought bargains after Friday's sharp selloff and were relieved

after Iran and Israel said they had halted attacks on each

other.

The halt came after an appeal from U.S. President Donald

Trump that they immediately "stop shooting." The attacks over 24

hours were the most direct confrontation between Iran and Israel

since an April ceasefire in the war.

The Dow ended lower and stocks overall closed off the highs of

the day. Apple ( AAPL ) shares eased late in the session even as

the company unveiled a series of AI upgrades to Siri.

The S&P 500 technology sector and Philadelphia SE

Semiconductor Index advanced, rebounding from Friday's

losses that wiped out $1 trillion in market value for

U.S.-listed chipmakers.

Intel ( INTC ) shares also jumped after news website the

Information reported that Alphabet's Google had placed

an order to manufacture more than 3 million tensor processing

units in 2028.

"Today looks like a day where investors are doing a little

bit of bargain hunting off the big tech selloff," said Rick

Meckler, partner at Cherry Lane Investments, a family investment

office in New Vernon, New Jersey. "What normally happens after

that is you get analysts coming in and reiterating buys."

He added: "This market has been priced for quite a while for

perfection, and these are certainly imperfect times. In that

environment, you are going to see some back-and-forth, and some

fear of prices having gone too far."

Stocks sold off late last week after hitting a series of record

highs recently. Underwhelming results from chipmaker Broadcom ( AVGO )

last week had raised concerns that the chip sector was

growing too fast, while much stronger than expected jobs data

for May contributed to Friday's rout, as traders priced in

interest rate increases this year.

According to preliminary data, the S&P 500 gained

22.07 points, or 0.30%, to end at 7,405.81 points, while the

Nasdaq Composite gained 222.13 points, or 0.86%, to

25,931.56. The Dow Jones Industrial Average fell 75.61

points, or 0.15%, to 50,791.17.

Apple ( AAPL ) announced the Siri revamp at its annual Worldwide

Developers Conference at its Cupertino, California,

headquarters.

Investors may be having a "sell-on-the-news" response, said

Bruce Zaro, managing director at Granite Wealth Management in

Plymouth, Massachusetts.

"Perception has been for quite some time that Apple ( AAPL ) had been

behind the curve as far as their AI offerings. That's why the

stock widely underperformed many of the other big techs for some

time until recently," he said.

SpaceX's initial public offering on Friday could also

prove a major test for U.S. stock markets, with investors wary

of possible overexuberance.

Other big tech advancers included Marvell Technology ( MRVL ),

which jumped as the chipmaker was set to join the benchmark S&P

500 before the start of trading on June 22.

Eli Lilly ( LLY ) gained after the drugmaker's trial results

showed its next-generation obesity drug, retatrutide, curbed

sleep apnea severity in addition to boosting weight loss and

helping knee pain.