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Honeywell to separate aerospace and automation businesses

Tapestry jumps after raising yearly sales and profit projection

Amazon ticks up ahead of profits

Indexes: Dow down 0.4%, systemcheck-wiki.de S&P 500 up 0.2%, Nasdaq up 0.34%

(Updates at mid afternoon)

By Abigail Summerville and Gupta

Feb 6 (Reuters) - The S&P 500 and forum.pinoo.com.tr the Nasdaq rose on Thursday, as financiers sifted through a number of upbeat incomes reports while awaiting Friday's key jobs report and any trade policy moves.

Drugmaker Eli Lilly increased 3.4% after the business anticipated annual profit mainly above estimates, while style house Tapestry leapt 12.6% on a yearly sales and profit forecast increase.

Philip Morris International advanced 10.2% after the cigarette maker published better-than-expected quarterly results and forecast 2025 revenue above price quotes.

Amazon.com ticked up 0.7% ahead of its quarterly profits report, anticipated after the bell. Investors will search for updates on its synthetic intelligence investments, after Chinese start-up DeepSeek's more affordable AI model sharpened financier analysis of the billions U.S. tech giants have spent developing the innovation.

"Today, the main focus is business profits. 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 style has actually been under rather a lot of volatility over the last couple of weeks with the DeepSeek news ... We ´ re viewing tonight for any ideas that (Amazon) needs to say around that," Hill said.

Honeywell fell 5.5% after the commercial and aerospace giant said it would split into 3 individually noted companies and projection downbeat sales and utahsyardsale.com profit for 2025. The sharp decline 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%, akropolistravel.com to 19,759.70.

Eight of the 11 S&P 500 sectors traded higher, with consumer staples leading gains, and energy stocks losing the most ground.

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

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

Traders do not expect the Fed to make a relocation on interest rates in its next meeting in March, but a cut is widely expected in June, according to the CME's FedWatch.

Data released on Thursday showed the variety of Americans submitting brand-new applications for welfare increased reasonably last week.

Elsewhere in business moves, Skyworks Solutions plunged 23.5% after the Apple provider projection decreases in profits in its mobile segment and projected current-quarter earnings below quotes.

Qualcomm fell 4.8% as the chip designer's executives said its lucrative patent-licensing company would not see sales growth this year after a license agreement with Huawei Technologies ended.

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

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

The S&P 500 posted 30 new 52-week highs and sciencewiki.science 9 brand-new lows while the Nasdaq Composite tape-recorded 111 brand-new highs and 77 brand-new lows. (Reporting by Abigail Summerville in New York, Shashwat Chauhan and Sukriti Gupta in Bengaluru; Editing by Pooja Desai, Shinjini Ganguli and Nia Williams)