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Honeywell to separate aerospace and automation organizations

Tapestry jumps after raising annual sales and earnings forecast

Amazon ticks up ahead of earnings

Indexes: forum.batman.gainedge.org 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 financiers sifted through numerous positive reports while awaiting Friday's essential jobs report and any trade policy relocations.

Drugmaker Eli Lilly increased 3.4% after the company forecast annual revenue mainly above estimates, while fashion house Tapestry jumped 12.6% on an annual sales and revenue projection boost.

Philip Morris International advanced 10.2% after the cigarette maker posted better-than-expected quarterly outcomes and forecast 2025 profit above quotes.

Amazon.com ticked up 0.7% ahead of its quarterly incomes report, anticipated after the bell. Investors will try to find updates on its expert system investments, after Chinese start-up DeepSeek's cheaper AI design sharpened investor examination of the billions U.S. tech giants have actually spent developing 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 style has actually been under rather a great deal of volatility over the last couple of weeks with the DeepSeek news ... We ´ re enjoying tonight for any ideas that (Amazon) needs to say around that," Hill said.

Honeywell fell 5.5% after the industrial and aerospace giant said it would divide into 3 individually listed companies and projection downbeat sales and revenue 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, asteroidsathome.net or 0.34%, to 19,759.70.

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

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

The January nonfarm payrolls report is due on Friday, a vital metric in gauging the state of the labor market and asystechnik.com the Federal Reserve's rate course.

Traders do not expect the Fed to make a relocation on rate of interest in its next conference in March, however a cut is extensively prepared for in June, according to the CME's FedWatch.

Data launched on Thursday revealed the number of Americans submitting new applications for welfare increased reasonably last week.

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

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

Ford Motor dropped 6.4% after the automaker forecast as much as $5.5 billion in losses in its electric automobile and software application operations this year.

Advancing issues outnumbered decliners by a 1.07-to-1 ratio on the New York Stock Exchange, wolvesbaneuo.com and by a 1.04-to-1 ratio on the Nasdaq.

The S&P 500 published 30 new 52-week highs and 9 brand-new lows while the Nasdaq Composite recorded 111 new highs and 77 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)