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1 US STOCKS S & P 500, Nasdaq Rise On Upbeat Earnings

Honeywell to separate aerospace and automation companies

Tapestry leaps after raising yearly sales and earnings forecast

Amazon ticks up ahead of earnings

Indexes: Dow down 0.4%, S&P 500 up 0.2%, Nasdaq up 0.34%

(Updates at mid afternoon)

By Abigail Summerville and Gupta

Feb 6 (Reuters) - The S&P 500 and the Nasdaq increased on Thursday, as investors sifted through a number of positive earnings reports while awaiting Friday's crucial jobs report and any trade policy moves.

Drugmaker Eli Lilly rose 3.4% after the company forecast yearly profit mainly above price quotes, while style house Tapestry jumped 12.6% on a yearly sales and profit forecast increase.

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

Amazon.com ticked up 0.7% ahead of its quarterly earnings report, expected after the bell. Investors will look for updates on its expert system investments, after Chinese start-up DeepSeek's less expensive AI design sharpened financier analysis of the billions U.S. tech giants have actually 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 style has actually been under rather 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 state around that," Hill said.

Honeywell fell 5.5% after the commercial and aerospace giant said it would split into 3 independently noted companies and forecast downbeat sales and revenue for yewiki.org 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%, [forum.batman.gainedge.org](https://forum.batman.gainedge.org/index.php?action=profile