saerimtech

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

Honeywell to separate aerospace and automation organizations

Tapestry jumps after raising yearly sales and profit projection

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 sifted through several positive incomes reports while awaiting Friday's report and any trade policy relocations.

Drugmaker Eli Lilly increased 3.4% after the company anticipated annual revenue mainly above estimates, bphomesteading.com while fashion home Tapestry jumped 12.6% on a yearly sales and earnings projection increase.

Philip Morris International advanced 10.2% after the cigarette maker published better-than-expected quarterly results and projection 2025 earnings above quotes.

Amazon.com ticked up 0.7% ahead of its quarterly incomes report, anticipated after the bell. Investors will search for updates on its expert system investments, after Chinese start-up DeepSeek's more affordable AI model honed financier analysis of the billions U.S. tech giants have spent establishing the technology.

"Today, the main focus is business profits. 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 quite a great deal of volatility over the last couple of weeks with the DeepSeek news ... We ´ re viewing 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 profit 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, 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 customer staples leading gains, 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 goods from Mexico and Canada on Monday for a month.

The January nonfarm payrolls report is due on Friday, disgaeawiki.info a crucial metric in evaluating the state of the labor market and the Federal Reserve's rate path.

Traders do not anticipate the Fed to make a move on rate of interest in its next conference in March, however a cut is commonly anticipated in June, according to the CME's FedWatch.

Data released on Thursday revealed the variety of Americans submitting brand-new applications for unemployment benefits increased moderately recently.

Elsewhere in business moves, Skyworks Solutions plunged 23.5% after the Apple supplier projection declines in profits in its mobile segment and wiki.dulovic.tech projected current-quarter profits listed below price quotes.

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

Ford Motor dropped 6.4% after the automaker forecast as much as $5.5 billion in losses in its electric 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 posted 30 new 52-week highs and wiki.rolandradio.net nine new lows while the Nasdaq Composite recorded 111 new highs and 77 new lows. (Reporting by Abigail Summerville in New York, Shashwat Chauhan and Sukriti Gupta in Bengaluru