Wall Street jumps for second day on Fed, ECB lift

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks surged for a second day on Thursday, after equities snapped a five-session streak of losses in the prior session, on expectations for continued acceleration in the U.S. economy and more aggressive action by the European Central Bank. The advance was broad, with 9 of the 10 major S&P sectors gaining at least 1 percent. Initial claims for state unemployment benefits were slightly above expectations but slipped by 4,000 from the prior week,