Honeywell to separate aerospace and utahsyardsale.com automation services

Tapestry jumps after raising yearly sales and revenue forecast

Amazon ticks up ahead of incomes

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 sorted through several positive incomes reports while awaiting Friday’s key tasks report and any trade policy moves.

Drugmaker Eli Lilly rose 3.4% after the business forecast yearly earnings mainly above quotes, while fashion house Tapestry leapt 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 profit above quotes.

Amazon.com ticked up 0.7% ahead of its quarterly profits report, expected after the bell. Investors will search for updates on its expert system financial investments, after Chinese startup DeepSeek’s less expensive AI model sharpened financier analysis of the billions U.S. tech giants have actually invested establishing the technology.

“Today, the main focus is business 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 rather a lot of volatility over the last few 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 divide into three independently listed business and forecast downbeat sales and revenue 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, or 0.34%, to 19,759.70.

Eight of the 11 S&P 500 sectors traded greater, with consumer staples leading gains, and energy stocks losing the most ground.

Markets saw a dismal start to the week when U.S. President Donald Trump announced sweeping trade tariffs over the weekend, however suspended the levies on products from Mexico and Canada on Monday for asystechnik.com a month.

The January nonfarm payrolls report is due on Friday, a crucial metric in evaluating 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 meeting in March, [mariskamast.net](http://mariskamast.net:/smf/index.php?action=profile