Honeywell to separate aerospace and automation organizations

Tapestry jumps after raising annual sales and earnings projection

Amazon ticks up ahead of earnings

Indexes: Dow down 0.4%, S&P 500 up 0.2%, archmageriseswiki.com 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 numerous upbeat profits reports while awaiting Friday's crucial jobs report and any trade policy relocations.

Drugmaker Eli Lilly increased 3.4% after the business forecast annual profit mainly above price quotes, while fashion home Tapestry jumped 12.6% on a yearly sales and revenue projection increase.

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

Amazon.com ticked up 0.7% ahead of its quarterly earnings report, expected after the bell. Investors will try to find updates on its synthetic intelligence financial investments, after Chinese start-up DeepSeek's more affordable AI design honed financier analysis of the billions U.S. tech giants have spent developing the technology.

"Today, the main focus is corporate 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 theme has actually been under quite a lot of volatility over the last few weeks with the DeepSeek news ... We ´ re viewing tonight for any ideas that (Amazon) has to state around that," Hill said.

Honeywell fell 5.5% after the industrial and aerospace giant said it would split into three individually noted business and projection 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, 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 higher, 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, chessdatabase.science but suspended the levies on goods from Mexico and Canada on Monday for a month.

The January nonfarm payrolls report is due on Friday, prawattasao.awardspace.info an essential metric in determining the state of the labor market and the Federal Reserve's rate course.

Traders do not the Fed to make a relocation on interest rates in its next conference in March, garagesale.es however a cut is widely expected in June, according to the CME's FedWatch.

Data launched on Thursday revealed the variety of Americans filing 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 forecasted current-quarter revenues below quotes.

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

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

Advancing issues 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 published 30 new 52-week highs and 9 new lows while the Nasdaq Composite recorded 111 brand-new highs and 77 brand-new lows. (Reporting by Abigail Summerville in New York, Shashwat Chauhan and Sukriti Gupta in Bengaluru