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Futures up: Dow 0.2%, S&P 500 0.2%, Nasdaq 0.16%

Feb 6 (Reuters) - Futures tied to Wall Street's main

indexes edged up on Thursday ahead of a wave of corporate

earnings, while a seeming lull in the escalation of U.S.

President Donald Trump's tariffs gave markets some reprieve.

Drugmaker Eli Lilly, industrial conglomerate

Honeywell International and luxury apparel brand Ralph

Lauren are among the prominent companies scheduled to

report results before the bell.

Amazon.com ( AMZN ), which is set to report after markets

close, is under pressure to deliver on lofty cloud computing

expectations.

At 04:58 a.m. ET, Dow E-minis were up 89 points, or

0.2%, S&P 500 E-minis were up 12.25 points, or 0.2%, and

Nasdaq 100 E-minis were up 34.25 points, or 0.16%.

Most megacap and growth stocks edged up, with Nvidia ( NVDA )

adding about 1% in premarket trading.

Markets witnessed a dismal start to the week when Trump

announced sweeping trade tariffs over the weekend, but suspended

the levies on goods from Mexico and Canada on Monday for a

month.

Although many uncertainties remain under Trump's new

administration, Wall Street was relieved for the most part that

things were not worse, particularly with regard to

counter-tariffs against the United States from Beijing.

"Markets may have breathed a temporary sigh of relief as US

tariffs against Canada and Mexico are put on hold for now, and

China's initial retaliatory response is considered restrained,"

Mark Haefele, chief investment officer at UBS Global Wealth

Management, said in a note.

Federal Reserve Vice Chair Philip Jefferson said overnight

that he was content to keep the central bank's policy rate

steady until policymakers had a better sense of the net effects

of the Trump administration's policies on tariffs, immigration,

deregulation and taxes.

Traders do not expect the U.S. Federal Reserve to make a

move on interest rates in its next meeting in March, with a cut

widely anticipated in June, according to the CME's FedWatch.

Analysts have broadly estimated that Trump's tariff plans

could spur domestic inflation and would likely slow the Fed's

rate cuts.

A weekly jobless claims report is due before markets open,

leading up to the all-important January nonfarm payrolls report

on Friday.

All three major indexes closed higher in a choppy session on

Wednesday, bringing the S&P 500 about 1% away from its

all-time highest level.

Among early movers, U.S.-listed shares of Arm Holdings

dropped 4% after the chip-tech provider slightly topped

current-quarter expectations, but said it would no longer meet

the top end of its previous full-year forecast.

Qualcomm ( QCOM ) fell 4.8% after the chip designer's

executives said its lucrative patent-licensing business would

not see sales growth this year, following the expiration of an

agreement with Huawei Technologies.

Ford Motor ( F ) lost 4.9% after the automaker forecast up

to $5.5 billion in losses in its electric-vehicle and software

operations this year.

Skyworks Solutions ( SWKS ) plunged 29.1% after the Apple

supplier forecast declines in revenue in its mobile segment and

projected current-quarter profits below estimates.