Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%.

In corporate news, Travel + Leisure (TNL) shares rose 15% after it reported higher Q3 results that beat analysts' estimates and raised the low end of its full-year guidance for adjusted earnings before interest, taxes, depreciation and amortization.

Netflix (NFLX) shares fell nearly 10% after it reported Q3 earnings late Tuesday of $5.87 per diluted share, up from $5.40 a year earlier but below the FactSet consensus analyst estimate of $6.96.

General Motors (GM) is set for an earnings upgrade cycle as cost savings, lower tariff exposure, and improved vehicle mix support margin expansion, UBS said Tuesday in a report. GM shares added 0.9%.

Uber (UBER) is launching a program providing a $4,000 grant for US drivers who switch to electric vehicles as part of a rebrand of its Uber Green service to Uber Electric, Reuters reported. Uber shares were down 1%.