Honeywell to separate aerospace and automation companies

Tapestry leaps after raising yearly sales and revenue projection

Amazon ticks up ahead of revenues

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 on Thursday, as financiers sifted through numerous positive incomes reports while awaiting Friday's crucial jobs report and any trade policy moves.

Drugmaker Eli Lilly increased 3.4% after the company anticipated annual earnings mainly above price quotes, shiapedia.1god.org while fashion home Tapestry jumped 12.6% on an annual sales and profit forecast increase.

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

Amazon.com ticked up 0.7% ahead of its quarterly profits report, anticipated after the bell. Investors will search for updates on its expert system financial investments, after Chinese startup DeepSeek's cheaper AI design honed investor analysis of the billions U.S. tech giants have actually spent developing the innovation.

"Today, the main focus is business 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 theme has been under quite a lot of volatility over the last couple of weeks with the DeepSeek news ... We ´ re enjoying tonight for any thoughts 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 independently noted companies and forecast downbeat sales and profit 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%, lovewiki.faith 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 consumer 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 anticipate the Fed to make a move on interest rates in its next conference in March, however a cut is widely anticipated in June, according to the CME's FedWatch.

Data launched on Thursday showed the variety 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 decreases in earnings in its mobile segment and projected current-quarter profits below quotes.

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

Ford Motor dropped 6.4% after the automaker projection approximately $5.5 billion in losses in its electrical car and software application 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 9 brand-new lows while the Nasdaq Composite recorded 111 brand-new highs and 77 brand-new lows. (Reporting by Abigail Summerville in New York City, Shashwat Chauhan and Sukriti Gupta in Bengaluru