This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (September 19, 2019).

The Fed voted to pare rates by a quarter point to cushion the economy. Powell left the door open to additional cuts, but officials were split over Wednesday's decision and the outlook for further reductions.

U.S. stocks wobbled, then staged a late-session rebound after the central bank's meeting. The Dow ended 0.1% higher.

AT&T is exploring parting with its DirecTV unit, a sharp reversal from CEO Stephenson's strategy to make the satellite provider a key piece of AT&T's future.

Funds that track broad U.S. equity indexes hit $4.27 trillion in assets as of Aug. 31, topping stock-picking rivals in a monthly reporting period for the first time.

FedEx shares plunged 13% after the company's global Express business showed its vulnerability to trade disruptions.

Comcast is making its streaming device available free of charge to its internet-only customers, a bid to capitalize on its expanding broadband customer base.

The U.K. halted the $5 billion sale of defense firm Cobham to an American investor on national security grounds, pending further review.

Equifax will soon give consumers the option to let lenders review their electric, phone and cable payment information.

Huawei has been suspended from membership in a global trade group that deals with cybersecurity issues.

 

(END) Dow Jones Newswires

September 19, 2019 02:47 ET (06:47 GMT)

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