Honeywell to separate aerospace and automation businesses

Tapestry leaps after raising annual sales and profit projection

Amazon ticks up ahead of revenues

Indexes: library.kemu.ac.ke 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 sorted through a number of upbeat earnings reports while awaiting Friday's crucial jobs report and any trade policy relocations.

Drugmaker Eli Lilly increased 3.4% after the company anticipated annual profit mainly above quotes, while fashion home Tapestry leapt 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 earnings above quotes.

Amazon.com ticked up 0.7% ahead of its quarterly profits report, expected after the bell. Investors will try to find updates on its expert system financial investments, after Chinese start-up DeepSeek's less expensive AI model sharpened investor scrutiny of the billions U.S. tech giants have spent establishing the innovation.

"Today, the main focus is corporate earnings. Tariffs remain in the background," said Zachary Hill, disgaeawiki.info head of portfolio management at Horizon Investments.

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

Honeywell fell 5.5% after the commercial and aerospace giant said it would split into 3 individually noted companies and forecast 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, wiki.eqoarevival.com the S&P 500 gained 11.56 points, scientific-programs.science or photorum.eclat-mauve.fr 0.20%, to 6,073.04 and the Nasdaq Composite gained 67.37 points, ratemywifey.com or 0.34%, fishtanklive.wiki 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 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 determining the state of the labor market and the Federal Reserve's rate course.

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

Data released on Thursday showed the variety of Americans filing brand-new applications for unemployment benefits increased reasonably recently.

Elsewhere in business moves, Skyworks Solutions plunged 23.5% after the projection declines in profits in its mobile segment and projected current-quarter revenues listed below price quotes.

Qualcomm fell 4.8% as the chip designer's executives said its rewarding 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 as much as $5.5 billion in losses in its electric automobile and software operations this year.

Advancing problems outnumbered 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 published 30 brand-new 52-week highs and nine new lows while the Nasdaq Composite taped 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)