US STOCKS-Wall Street ends higher after Trump unveils tariff plan
US STOCKS-Wall Street ends higher after Trump unveils tariff planTrade Desk falls on downbeat Q1 revenue forecastMGM Resorts up after Q4 results beat estimates White House says tariffs could come in weeksUpdates with market closeBy Noel Randewich and Sukriti Gupta. Interest rate futures suggest traders expect a single 25-basis-point rate cut from the central bank by the end of 2025, according to the CME's FedWatch Tool. The number of Americans filing new applications for unemployment benefits decreased last week, another report showed. Chevron CVX.N shares rose after the oil heavyweight said it will lay off up to 20% of its global workforce by the end of 2026.Trade Desk TTD.O slumped after the ad tech firm forecast first-quarter revenue below analysts' estimates. MGM Resorts International MGM.N jumped after the casino operator beat fourth-quarter profit and revenue estimates.