Futures Dip as Ford Warns on Tariffs, Trump Confirms 2027 NFL Draft in D.C.

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U.S. equity futures were under pressure early Tuesday, with the Dow futures down 0.60%, the S&P 500 futures falling 0.75%, and the Nasdaq 100 off 1.04% about an hour before the opening bell. Investors faced a wave of corporate and political developments, including newly released earnings from Ford and fresh signals on U.S. tariff policy.

Ford Motor Company reported better-than-expected Q1 2025 results, with revenue of $40.66 billion and adjusted EPS of $0.14—handily beating Wall Street estimates of $36.2 billion and $0.02. However, the company suspended its full-year guidance, citing a potential $1.5 billion EBIT impact from recently imposed tariffs. Management warned the tariffs are expected to remain in place for at least three years. Despite the strong earnings.

The NFL Draft

In a major sports and cultural announcement, President Trump confirmed on Monday that the 2027 NFL Draft will be held in Washington, D.C., on the National Mall. “It’s going to be beautiful… something that nobody else will ever be able to duplicate,” Trump said during a White House press event.

NFL Commissioner Roger Goodell added, “The draft has really become one of the great entertainment and sports events... We believe we’ll be well over a million when we come here to D.C. in 2027”.

Washington Commanders owner Josh Harris hailed the moment as “a great day for Washington,” tying it to broader plans to build a new 65,000-seat stadium at the RFK site and to revive the city’s role in professional football.