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Honeywell to separate aerospace and automation businesses

Tapestry leaps after raising annual sales and revenue projection

Amazon ticks up ahead of earnings

Indexes: Dow down 0.4%, S&P 500 up 0.2%, setiathome.berkeley.edu 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 financiers sifted through numerous positive profits reports while awaiting Friday's crucial tasks report and any trade policy relocations.

Drugmaker Eli Lilly increased 3.4% after the company anticipated annual earnings mainly above price quotes, while fashion house Tapestry leapt 12.6% on an annual sales and earnings projection increase.

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

Amazon.com ticked up 0.7% ahead of its quarterly incomes report, expected after the bell. Investors will try to find updates on its expert system financial investments, surgiteams.com after DeepSeek's cheaper AI design honed financier examination 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, 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 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 state around that," Hill said.

Honeywell fell 5.5% after the commercial and aerospace giant said it would divide into three individually noted business and projection 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%, 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 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 announced sweeping trade tariffs over the weekend, oke.zone but suspended the levies on items from Mexico and utahsyardsale.com Canada on Monday for a month.

The January nonfarm payrolls report is due on Friday, an important metric in gauging the state of the labor market and the Federal Reserve's rate course.

Traders do not expect the Fed to make a relocation on rate of interest in its next conference in March, oke.zone however a cut is commonly anticipated in June, machinform.com according to the CME's FedWatch.

Data launched on Thursday showed the variety of Americans submitting brand-new applications for welfare increased reasonably recently.

Elsewhere in business relocations, Skyworks Solutions plunged 23.5% after the Apple provider forecast declines in income in its mobile sector and predicted current-quarter profits listed below quotes.

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

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

Advancing issues 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 posted 30 new 52-week highs and townshipmarket.co.za 9 brand-new lows while the Nasdaq Composite tape-recorded 111 brand-new highs and 77 brand-new lows. (Reporting by Abigail Summerville in New York, Shashwat Chauhan and Sukriti Gupta in Bengaluru; Editing by Pooja Desai, Shinjini Ganguli and Nia Williams)