Honeywell to separate aerospace and automation businesses

Tapestry leaps after raising annual sales and profit projection

Amazon ticks up ahead of earnings

Indexes: akropolistravel.com Dow down 0.4%, asteroidsathome.net 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 rose on Thursday, freechat.mytakeonit.org as investors sorted through a number of upbeat profits reports while awaiting Friday's crucial tasks report and any trade policy relocations.

Drugmaker Eli Lilly rose 3.4% after the company forecast yearly profit mainly above price quotes, while fashion home Tapestry jumped 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 projection 2025 earnings above quotes.

Amazon.com ticked up 0.7% ahead of its quarterly revenues report, anticipated after the bell. Investors will try to find updates on its artificial intelligence investments, after Chinese startup DeepSeek's more affordable AI design sharpened financier analysis of the billions U.S. tech giants have invested establishing the technology.

"Today, the main focus is business earnings. 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 been under rather a great deal of volatility over the last few weeks with the DeepSeek news ... We ´ re viewing tonight for any ideas that (Amazon) has to say around that," Hill said.

Honeywell fell 5.5% after the commercial and aerospace giant said it would split into 3 independently noted companies and projection downbeat sales and 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, setiathome.berkeley.edu 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, with customer 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 goods from Mexico and photorum.eclat-mauve.fr Canada on Monday for a month.

The January report is due on Friday, a vital metric in evaluating the state of the labor market and asteroidsathome.net the Federal Reserve's rate path.

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

Data released on Thursday showed the number of Americans submitting brand-new applications for unemployment benefits increased moderately last week.

Elsewhere in corporate relocations, Skyworks Solutions plunged 23.5% after the Apple supplier projection declines in income in its mobile section and predicted current-quarter revenues below estimates.

Qualcomm fell 4.8% as the chip designer's executives said its financially rewarding patent-licensing organization would not see sales growth this year after a license arrangement with Huawei Technologies expired.

Ford Motor dropped 6.4% after the automaker forecast up to $5.5 billion in losses in its electrical automobile 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 nine 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