Wall Street rallies for second day on Fed, ECB lift

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks climbed on Thursday, a day after equities snapped a five-day losing skid, 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, pointing to a firming labor market, ahea