New weekly unemployment filings tick up to 870,000

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glegorly/iStockBy CATHERINE THORBECKE, ABC News

(WASHINGTON) — The latest tally of weekly jobless claims was 870,000 last week, the Department of Labor said Thursday.

While the number of people filing for unemployment insurance has plateaued in recent weeks, the latest figure shows a concerning uptick of 4,000 compared to the previous week’s revised figure.

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Stocks rally after blockbuster Nvidia earnings, jobs report

Javier Ghersi/Getty Images (NEW YORK) — Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report. The Dow Jones Industrial Average jumped nearly 600 points, or 1.2%, while the