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Honeywell to separate aerospace and automation businesses

Tapestry jumps after raising yearly sales and earnings forecast

Amazon ticks up ahead of earnings

Indexes: Dow down 0.4%, S&P 500 up 0.2%, Nasdaq up 0.34%

(Updates at mid afternoon)

By Abigail Summerville and Sukriti Gupta

Feb 6 (Reuters) - The S&P 500 and the Nasdaq increased on Thursday, as investors sifted through a number of positive profits reports while awaiting Friday's key tasks report and qoocle.com any trade policy relocations.

Drugmaker Eli Lilly rose 3.4% after the company anticipated annual earnings mainly above quotes, while fashion home Tapestry jumped 12.6% on an annual sales and profit projection boost.

Philip Morris International advanced 10.2% after the cigarette maker posted better-than-expected quarterly results and projection 2025 revenue above estimates.

Amazon.com ticked up 0.7% ahead of its quarterly revenues report, expected after the bell. Investors will try to find updates on its synthetic intelligence financial investments, after Chinese start-up DeepSeek's cheaper AI model honed financier analysis of the billions U.S. tech giants have actually invested establishing the technology.

"Today, the main focus is business incomes. Tariffs remain in the background," said Zachary Hill, head of portfolio management at Horizon Investments.

"Amazon will be the sixth of the Magnificent Seven to report. The AI theme has actually been under rather a great deal of volatility over the last few weeks with the DeepSeek news ... We ´ re seeing tonight for any thoughts that (Amazon) needs to state around that," Hill said.

Honeywell fell 5.5% after the industrial and aerospace giant said it would split into 3 separately noted business and forecast downbeat sales and earnings for 2025. The sharp decrease dragged down the Dow.

At 1:45 p.m. ET (1845 GMT), the Dow Jones Industrial Average fell 179.25 points, or 0.40%, to 44,694.03, the S&P 500 gained 11.56 points, or 0.20%, to 6,073.04 and the Nasdaq Composite gained 67.37 points, or 0.34%, to 19,759.70.

Eight of the 11 S&P 500 sectors traded greater, links.gtanet.com.br with consumer staples leading gains, and energy stocks losing the most ground.

Markets saw a disappointing start to the week when U.S. President Donald Trump announced sweeping trade tariffs over the weekend, but suspended the levies on products from Mexico and Canada on Monday for a month.

The January nonfarm payrolls report is due on Friday, an important metric in assessing the state of the labor market and the Federal Reserve's rate path.

Traders do not anticipate the Fed to make a move on rates of interest in its next meeting in March, however a cut is commonly prepared for in June, according to the CME's FedWatch.

Data launched on Thursday revealed the number of Americans filing brand-new applications for welfare increased reasonably recently.

Elsewhere in corporate relocations, Skyworks Solutions plunged 23.5% after the Apple supplier forecast decreases in income in its mobile sector and predicted current-quarter earnings below estimates.

Qualcomm fell 4.8% as the executives said its profitable patent-licensing business would not see sales growth this year after a license arrangement with Huawei Technologies expired.

Ford Motor dropped 6.4% after the automaker projection up to $5.5 billion in losses in its electric vehicle and software application operations this year.

Advancing issues surpassed decliners by a 1.07-to-1 ratio on the New York Stock Exchange, and gratisafhalen.be by a 1.04-to-1 ratio on the Nasdaq.

The S&P 500 posted 30 brand-new 52-week highs and forum.batman.gainedge.org nine new lows while the Nasdaq Composite tape-recorded 111 new highs and 77 brand-new lows. (Reporting by Abigail Summerville in New York City, Shashwat Chauhan and Sukriti Gupta in Bengaluru; Editing by Pooja Desai, Shinjini Ganguli and Nia Williams)