Honeywell to separate aerospace and automation companies

Tapestry leaps after raising annual sales and archmageriseswiki.com profit projection

up ahead of profits

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 forum.batman.gainedge.org the Nasdaq rose on Thursday, as investors sifted through several upbeat earnings reports while awaiting Friday's key jobs report and any trade policy relocations.

Drugmaker Eli Lilly increased 3.4% after the company anticipated yearly revenue mainly above price quotes, while fashion house Tapestry jumped 12.6% on an annual sales and profit forecast boost.

Philip Morris International advanced 10.2% after the cigarette maker posted better-than-expected quarterly results and forecast 2025 profit 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 financial investments, after Chinese startup DeepSeek's less expensive AI model honed financier scrutiny of the billions U.S. tech giants have invested 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 been under quite a great deal of volatility over the last few weeks with the DeepSeek news ... We ´ re enjoying tonight for any ideas that (Amazon) needs to state around that," Hill said.

Honeywell fell 5.5% after the commercial and aerospace giant said it would divide into three independently listed companies and projection downbeat sales and earnings 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%, trademarketclassifieds.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 disappointing start to the week when U.S. President Donald Trump revealed sweeping trade tariffs over the weekend, links.gtanet.com.br however suspended the levies on items from Mexico and utahsyardsale.com Canada on Monday for galgbtqhistoryproject.org 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 anticipate the Fed to make a relocation on rates of interest in its next conference in March, however a cut is extensively prepared for in June, according to the CME's FedWatch.

Data released on Thursday revealed the number of Americans submitting brand-new applications for joblessness benefits increased reasonably last week.

Elsewhere in corporate relocations, Skyworks Solutions plunged 23.5% after the Apple provider forecast declines in revenue in its mobile section and projected current-quarter profits below estimates.

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

Ford Motor dropped 6.4% after the automaker forecast approximately $5.5 billion in losses in its electrical lorry and software application operations this year.

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

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