US STOCKS-Wall Street rallies for second day after claims data
* Initial claims fall by 4,000
* Family Dollar slips after earnings
* Brent crude holds above $51 a barrel
* Indexes up: Dow 1.11 pct, S&P 1.03, Nasdaq 1.01 pct (Adds quote, data)
By Chuck Mikolajczak
NEW YORK, Jan 8 (Reuters) - U.S. stocks climbed on Thursday, after equities snapped a five-day losing skid and data pointed to a labor market that continued to strengthen.
The advance was broad, with 8 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.
"Jobless claims they were about in line, maybe a little weaker than expected but the jobs market still points to jobs growth," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. Continuación...