Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.In recent trading, the Dow Jones Industrial Average jumped 394 points, or 1%, to 41,897. The blue-chip index had soared as much as 600 points to an all-time high of 42,105.01.The S&P 500 gained 1%, and the Nasdaq leaped 453 points, or 2.6%. 3 The Dow jumped as much as 600 ...