U.S. stocks fell Wednesday, hurt by profit warnings in the software and auto parts sectors, while Wall Street awaited oil inventory data. TIBCO Software Inc. fell 21 percent to $7.02 a day after the company said fiscal first-quarter profit and revenue will likely miss forecasts. Adding to the gloom, business software maker Verity Inc. said it too would miss analysts' expectations, sending its shares down 8 percent to $10.03. Shares of software maker Oracle Corp. was also down 1.7 percent at $12.93. Lear Corp. fell 13 percent to $45.90 after the auto interiors supplier slashed its first-quarter earnings forecast late Tuesday and weighed on the auto parts sector. Dana Corp. slipped 3.4 percent to $14.11, while Delphi Corp. fell 4 percent to $6.61. The Dow Jones industrial average was down 37.98 points, or 0.35 percent, at 10,792.02. The Standard & Poor's 500 Index was down 4.01 points, or 0.33 percent, at 1,206.40. The technology-laced Nasdaq Composite Index was down 9.65 points, or 0.47 percent, at 2,061.60. "Tech stocks are under pressure because of the profit warnings from software companies," said Peter Cardillo, chief market analyst at SW Bach and Co. "The market is pulling back from yesterday's gains. We haven't heard anything concrete about interest rates from Greenspan yet." --More 2132 Local Time 1832 GMT
