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* Futures: Dow off 0.1%, S&P 500 up 0.35%, Nasdaq up 0.69%

June 8 (Reuters) - S&P 500 and Nasdaq futures climbed on

Monday, as chip stocks steadied after plunging to over two-week

lows, though renewed strikes in the Middle East kept investors

largely at bay.

Shares of Nvidia ( NVDA ), Broadcom ( AVGO ) and Micron

Technology ( MU ) rose between 1.5% and 3.9% premarket,

rebounding from a sharp selloff on Friday that wiped out $1

trillion in market value for U.S.-listed chipmakers.

Expectations of tighter monetary policy and underwhelming

results from Broadcom ( AVGO ) last week raised concerns that the sector

was growing too fast too quickly, prompting traders to retreat

after a strong run this year.

"We do not expect investors to lose confidence in the AI

outlook," said Mark Haefele, chief investment officer at UBS

Global Wealth Management.

"Although tech stocks have come under pressure in recent

days amid concerns about whether expectations can be met,

business fundamentals remain strong."

By 06:07 a.m. ET, S&P 500 e-minis were up 25.75

points, or 0.35%. Nasdaq 100 e-minis added 200.75

points, or 0.69% and Dow e-minis dipped 47 points, or

0.09%.

Much stronger-than-expected jobs data for May also

contributed to Friday's rout, as traders priced in interest rate

increases this year. Interest rate futures pricing implies a 42%

chance that the Federal Reserve will hike rates by 25 basis

points in December, per CME Group's Fedwatch tool.

Wednesday's consumer prices report for May could offer

investors fresh insights on how the rise in energy prices due to

the Iran war is impacting inflation.

Crude prices rose more than 4% to more than

$95 a barrel as renewed Israeli strikes on Iran and fresh

attacks on Lebanon soured hopes of an imminent end to the wider

war.

Shares of U.S. airline operators including Southwest

Airlines ( LUV ) and Southwest Airlines ( LUV ) fell 2.4% each

as the spike in oil prices raised concerns about higher fuel

costs.

Marvell Technology ( MRVL ) jumped 6.6% premarket as the

chipmaker was set to join the benchmark S&P 500 before

the start of trading on June 22.

Eli Lilly ( LLY ) jumped 4.1% 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.