S&P Global Ratings revised the credit outlook for Australia's Woodside to "negative" from "stable" on Thursday after the energy company reached a final investment decision of $17.5 billion on its Louisiana liquefied natural gas project.

The US economy unexpectedly contracted in the first three months of the year, according to fresh data published Wednesday, due largely to a surge in imports as businesses and consumers

The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.

U.S. stock futures point to a lower open after rising Tuesday on hopes trade deals are getting done and Trump's tariff plan is getting pared down.

U.S. President Donald Trump said on Wednesday that Americans should be patient in the face of a first quarter economic contraction, arguing that his tariffs would eventually lead to a boom in the U.S.