Consumer stocks were lower late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.4%.

In corporate news, Amazon.com's (AMZN) autonomous vehicle unit Zoox announced Wednesday it has launched its robotaxi service in Las Vegas. Amazon shares were down 3.8%.

Delta Air Lines (DAL) Chief Executive Ed Bastian said customer confidence has bounced back after earlier concerns over tariffs and economic uncertainty caused a slowdown, especially in the spring, Bloomberg reported, citing his comments at the Economic Club of Washington. Delta shares rose 0.6%.

Lennar (LEN) is expected to report fiscal Q3 earnings below market estimates due to soft demand trends, while the homebuilder's long-term margins are likely to face incremental headwinds, Oppenheimer said in a note Wednesday. Lennar shares were down 0.7%.

Stride (LRN) shares fell over 4% after the Gallup-McKinley County Schools Board of Education in New Mexico said it has filed a complaint against the education provider, alleging fraud, deceptive trade practices, and systemic violations of law.