Honeywell to separate aerospace and companies

Tapestry jumps after raising yearly sales and revenue forecast

Amazon ticks up ahead of incomes

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 the Nasdaq rose on Thursday, elearnportal.science as investors sorted through several upbeat profits reports while awaiting Friday’s essential jobs report and nerdgaming.science any trade policy moves.

Drugmaker Eli Lilly rose 3.4% after the company forecast annual profit mainly above quotes, while fashion home Tapestry leapt 12.6% on an annual sales and profit forecast increase.

Philip Morris International advanced 10.2% after the cigarette maker posted better-than-expected quarterly results and projection 2025 earnings above price quotes.

Amazon.com ticked up 0.7% ahead of its quarterly revenues report, expected after the bell. Investors will look for updates on its expert system investments, after Chinese start-up DeepSeek’s more affordable AI model honed financier scrutiny of the billions U.S. tech giants have invested establishing the innovation.

"Today, the main focus is corporate revenues. 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 watching tonight for any ideas that (Amazon) has to say around that,” Hill said.

Honeywell fell 5.5% after the industrial and aerospace giant said it would divide into 3 individually listed business and forecast downbeat sales and earnings 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, wiki.myamens.com or 0.20%, demo.qkseo.in to 6,073.04 and yewiki.org 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 disappointing start to the week when U.S. President Donald Trump revealed 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 crucial metric in determining the state of the labor market and the Federal Reserve’s rate path.

Traders do not anticipate the Fed to make a move on interest rates in its next conference in March, however a cut is widely anticipated in June, it-viking.ch according to the CME’s FedWatch.

Data released on Thursday revealed the variety of Americans submitting brand-new applications for welfare increased moderately recently.

Elsewhere in business moves, Skyworks Solutions plunged 23.5% after the Apple provider projection decreases in revenue in its mobile sector and predicted current-quarter earnings below estimates.

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

Ford Motor dropped 6.4% after the automaker projection up to $5.5 billion in losses in its electric automobile and software application operations this year.

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

The S&P 500 posted 30 brand-new 52-week highs and 9 brand-new lows while the Nasdaq Composite taped 111 new highs and 77 new lows. (Reporting by Abigail Summerville in New York, Shashwat Chauhan and Sukriti Gupta in Bengaluru