Honeywell to separate aerospace and automation businesses

Tapestry jumps after raising annual sales and profit projection

Amazon ticks up ahead of profits

Indexes: Dow down 0.4%, forum.pinoo.com.tr 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, as investors sorted through several upbeat revenues reports while awaiting Friday's crucial jobs report and any trade policy moves.

Drugmaker Eli Lilly increased 3.4% after the company forecast yearly revenue mainly above estimates, while fashion home Tapestry leapt 12.6% on an annual sales and profit projection boost.

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

Amazon.com ticked up 0.7% ahead of its quarterly profits report, anticipated after the bell. Investors will try to find updates on its expert system financial investments, after Chinese startup DeepSeek's less expensive AI design honed financier scrutiny of the billions U.S. tech giants have spent establishing the technology.

"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 style has actually been under quite a lot of volatility over the last few weeks with the DeepSeek news ... We ´ re viewing tonight for any thoughts that (Amazon) needs to say around that," Hill said.

Honeywell fell 5.5% after the industrial and aerospace giant said it would split into three independently 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, historydb.date 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 revealed sweeping trade tariffs over the weekend, however suspended the levies on items from Mexico and Canada on Monday for a month.

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

Traders do not anticipate the Fed to make a move on rate of interest in its next conference in March, christianpedia.com but a cut is commonly anticipated in June, according to the CME's FedWatch.

Data released on Thursday showed the number of Americans submitting new applications for welfare increased reasonably recently.

Elsewhere in relocations, Skyworks Solutions plunged 23.5% after the Apple provider forecast decreases in earnings in its mobile sector and projected current-quarter revenues listed below quotes.

Qualcomm fell 4.8% as the chip designer's executives said its rewarding patent-licensing organization 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 electric car and software operations this year.

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

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