*

Honeywell ( HON ) to separate aerospace and automation businesses

*

Tapestry jumps after raising annual sales and profit

forecast

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Amazon ( AMZN ) ticks up ahead of earnings

(Updates at the close)

By Abigail Summerville and Sukriti Gupta

Feb 6 (Reuters) - The S&P 500 and the Nasdaq ended

higher, while the Dow closed lower after a choppy trading

session on Thursday, as investors sifted through earnings

reports while awaiting Amazon's ( AMZN ) results after the bell and a key

jobs report on Friday.

Drugmaker Eli Lilly rose after the company forecast

annual profit largely above estimates, while fashion house

Tapestry jumped on an annual sales and profit forecast

increase.

Philip Morris International ( PM ) advanced after the

cigarette maker posted better-than-expected quarterly results

and forecast 2025 profit above estimates.

Amazon.com ( AMZN ) ticked up ahead of its quarterly

earnings report. Investors will look for updates on its

artificial intelligence investments, after Chinese startup

DeepSeek's cheaper AI model sharpened investor scrutiny of the

billions U.S. tech giants have spent developing the technology.

"Today, the main focus is corporate earnings. Tariffs are in

the background," said Zachary Hill, head of portfolio management

at Horizon Investments.

"Amazon ( AMZN ) will be the sixth of the Magnificent Seven to

report. The AI theme has been under quite a lot of volatility

over the last few weeks with the DeepSeek news ... We're

watching tonight for any thoughts that (Amazon ( AMZN )) has to say

around that," Hill said.

Honeywell ( HON ) fell after the industrial and aerospace

giant said it would split into three independently listed

companies and forecast downbeat sales and profit for 2025.

According to preliminary data, the S&P 500

gained 21.38 points, or 0.35%, to end at 6,082.86 points,

while the Nasdaq Composite gained 95.95 points, or

0.49%, to 19,788.28. The Dow Jones Industrial Average

fell 133.76 points, or 0.30%, to 44,739.52.

Most of the 11 S&P 500 sectors traded higher, with financial

services and 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,

but suspended the levies on goods from Mexico and Canada on

Monday for a month.

The January nonfarm payrolls report is due on Friday, a

crucial metric in gauging the state of the labor market and the

Federal Reserve's rate path.

Traders do not expect the Fed to make a move on interest

rates in its next meeting in March, but a cut is widely

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

Data released on Thursday showed the number of Americans

filing new applications for unemployment benefits increased

moderately last week.

Elsewhere in corporate moves, Skyworks Solutions ( SWKS )

plunged after the Apple supplier forecast declines in revenue in

its mobile segment and projected current-quarter profits below

estimates.

Qualcomm ( QCOM ) fell as the chip designer's executives

said its lucrative patent-licensing business would not see sales

growth this year after a license agreement with Huawei

Technologies expired.

Ford Motor ( F ) dropped after the automaker forecast up to

$5.5 billion in losses in its electric vehicle and software

operations this year.