Honeywell to separate aerospace and automation companies

Tapestry jumps after raising annual sales and revenue projection

Amazon ticks up ahead of earnings

Indexes: Dow down 0.4%, king-wifi.win 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 financiers sorted through numerous positive revenues reports while awaiting Friday's crucial tasks report and any trade policy moves.

Drugmaker Eli Lilly rose 3.4% after the business forecast yearly profit mainly above estimates, while style house Tapestry leapt 12.6% on an annual sales and revenue forecast boost.

Philip Morris International advanced 10.2% after the cigarette maker published better-than-expected quarterly outcomes and forecast 2025 revenue above estimates.

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 financial investments, after Chinese start-up DeepSeek's less expensive AI design sharpened financier scrutiny of the billions U.S. tech giants have spent establishing 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 rather a great deal of volatility over the last couple of weeks with the DeepSeek news ... We ´ re viewing tonight for any thoughts that (Amazon) has to say around that," Hill said.

Honeywell fell 5.5% after the commercial and aerospace giant said it would split into 3 individually noted companies and forecast downbeat sales and earnings for 2025. The sharp decrease dragged down the Dow.

At 1:45 p.m. ET (1845 GMT), forum.altaycoins.com the Dow Jones Industrial Average fell 179.25 points, or 0.40%, bytes-the-dust.com 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, chessdatabase.science with customer staples leading gains, and energy stocks losing the most ground.

Markets saw a depressing 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 essential metric in determining 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, e.bike.free.fr but a cut is extensively prepared for in June, according to the CME's FedWatch.

Data launched on Thursday revealed the number of Americans submitting brand-new applications for unemployment advantages increased moderately recently.

Elsewhere in business relocations, Skyworks Solutions plunged 23.5% after the Apple supplier 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 business would not see sales development this year after a license contract with Huawei Technologies expired.

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

Advancing concerns 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 published 30 new 52-week highs and 9 brand-new lows while the Nasdaq Composite recorded 111 brand-new highs and 77 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)