01:00 PM EDT, 09/10/2025 (MT Newswires) -- Consumer stocks were lower Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1%.

In corporate news, Lennar ( LEN ) is expected to report fiscal Q3 earnings below Wall Street's 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 ( LEN ) shares were down 1.2%.