02:26 PM EST, 02/06/2025 (MT Newswires) -- US benchmark equity indexes were mixed intraday as traders evaluated the latest corporate earnings and awaited mega-cap Amazon.com's ( AMZN ) results.

The Nasdaq Composite was up 0.3% at 19,755.8 after midday Thursday, while the S&P 500 rose 0.2% to 6,072.4. The Dow Jones Industrial Average fell 0.5% to 44,677.3. Among sectors, consumer staples led the gainers, while energy saw the biggest drop.

In company news, Tapestry (TPR) and Ralph Lauren ( RL ) shares jumped nearly 13% and 12%, respectively, the top gainers on the S&P 500. The luxury fashion companies raised their full-year revenue outlooks after logging stronger-than-projected sales in the holiday quarter.

Philip Morris International ( PM ) issued an upbeat full-year earnings outlook as the tobacco company reported fourth-quarter results above market expectations amid robust demand for its smoke-free products and ZYN nicotine pouches. Its shares were up 10%, among the best performers on the S&P 500.

Honeywell International ( HON ) saw the biggest drop on the Dow, down 5.4%. The industrial conglomerate announced plans to split into three publicly-listed entities as part of its goal to optimize its portfolio. The company issued a downbeat full-year outlook despite beating market expectations for the fourth quarter.

E-commerce and technology giant Amazon ( AMZN ) is scheduled to report results after Thursday's closing bell, along with other names such as Fortinet ( FTNT ) , Cloudflare ( NET ) , and Take-Two Interactive Software ( TTWO ) .

The US two-year yield was up 1.4 basis points at 4.2% intraday, while the 10-year rate was little changed at 4.42%.

In economic news, weekly applications for unemployment insurance in the US rose more than expected, the Department of Labor reported.

US-based employers cut 49,795 jobs last month, up 28% from December, but down 40% annually, Challenger Gray & Christmas said.

On Friday, the Bureau of Labor Statistics is expected to report that the US economy added 170,000 nonfarm jobs in January, which would mark a slowdown from the 256,000 gain posted for the month prior, according to a Bloomberg poll.

"The lack of clear weakness in the labor market, coupled with stalling progress in disinflation, prompted the (Federal Reserve) to take a seat on the sidelines at the start of the year, perhaps for a prolonged period of time," Stifel said in a Thursday note to clients. "Going forward, any further strength in hiring or acceleration in price pressures will work to reinforce the committee's steady position."

West Texas Intermediate crude oil was down 0.8% at $70.50 a barrel intraday.

Gold fell 0.5% to $2,877.50 per troy ounce, while silver dropped 0.9% to $32.68 per ounce.