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US STOCKS S & P 500, Nasdaq Rise On Upbeat Earnings
Adolph Cruickshank редагував цю сторінку 3 місяці тому
Honeywell to separate aerospace and automation companies
Tapestry leaps after raising annual sales and profit 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 Sukriti Gupta
Feb 6 (Reuters) - The S&P 500 and the Nasdaq rose on Thursday, as investors sifted through several positive profits reports while awaiting Friday’s essential tasks report and bbarlock.com any trade policy moves.
Drugmaker Eli Lilly increased 3.4% after the company anticipated yearly revenue 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 published better-than-expected quarterly outcomes and forecast 2025 earnings above price quotes.
Amazon.com ticked up 0.7% ahead of its quarterly earnings report, expected after the bell. Investors will search for updates on its expert system investments, after Chinese startup DeepSeek’s cheaper AI model honed investor examination of the billions U.S. tech giants have actually spent developing 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 lot of volatility over the last few weeks with the DeepSeek news … We ´ re watching tonight for any ideas that (Amazon) has to say around that,” Hill said.
Honeywell fell 5.5% after the industrial and aerospace giant said it would split into 3 individually listed business and projection downbeat sales and [mariskamast.net](http://mariskamast.net:/smf/index.php?action=profile
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