US STOCKS S & P 500, Nasdaq Rise On Upbeat Earnings - 206-9 - Gitea: Git with a cup of tea

Honeywell to separate aerospace and automation services

Tapestry leaps after raising yearly sales and earnings projection

Amazon ticks up ahead of profits

Indexes: oke.zone Dow down 0.4%, 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 increased on Thursday, as financiers sorted through a number of positive earnings reports while awaiting Friday's key tasks report and elearnportal.science any trade policy relocations.

Drugmaker Eli Lilly rose 3.4% after the business forecast annual revenue mainly above estimates, while fashion home Tapestry leapt 12.6% on a yearly sales and earnings projection increase.

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

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

"Today, the main focus is business 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 style has been under rather a great deal of volatility over the last few weeks with the DeepSeek news ... We ´ re seeing tonight for any ideas that (Amazon) needs to say around that," Hill said.

Honeywell fell 5.5% after the commercial and aerospace giant said it would divide into 3 individually noted companies and forecast downbeat sales and earnings for 2025. The sharp decline 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, trade-britanica.trade 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, wiki.philipphudek.de 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, but 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 evaluating the state of the labor market and wiki.vst.hs-furtwangen.de the Federal Reserve's rate course.

Traders do not anticipate the Fed to make a relocation on rate of interest in its next meeting in March, but a cut is extensively expected in June, according to the CME's FedWatch.

Data launched on Thursday revealed the number of Americans filing brand-new applications for joblessness benefits increased moderately last week.

Elsewhere in business relocations, Skyworks Solutions plunged 23.5% after the Apple provider projection declines in revenue in its mobile section and predicted current-quarter profits below estimates.

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

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

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