Stocks declined Monday, even if inflation jitters were temporarily set aside as the bond market -- and hawkish Federal Reserve officials -- took a holiday. Investors weren't able to overcome bad corporate news and a lack of sector leadership as energy shares continued to drop, even as crude oil rose. The Dow Jones Industrial Average fell 53.55 points, or 0.52%, to 10,238.76, a hair above its intraday low of 10,237 and way off its morning high of 10,323. The S&P 500 dropped 8.57 points, or 0.72%, to 1187.33, also near its low for the day at 1186. The Nasdaq Composite fell 11.43, or 0.55%, to 2078.92, just shy of its intraday low of 2078.11. Low trading volumes partly exaggerated the moves, as 1.6 billion shares traded on the Big Board and only 1.4 billion traded on the Nasdaq. Breadth was negative, with more than two issues declining for every one gaining on the Big Board and 19 losers for every 10 gainers on the Nasdaq. More bad news from the battered automotive sector came over the weekend as Delphi Automotive ( DPH) filed for bankruptcy, a move that may hit General Motors ( GM) to the tune of $10 billion. Delphi shares plummeted 70% on over 35 times its normal daily trading volume while GM tumbled 9.9%. Also, auto parts supplier Dana ( DCN) fell 34% after saying it would restate its earnings. There were also two high-profile tech profit warnings: Xilinx ( XLNX) lost 16% after its red flag while Unisys ( UIS) declined 12%. Xilinx's warning helped drag the Philadelphia Semiconductor Sector Index down 3.2%. And while the price of crude oil rebounded from recent weakness, adding 41 cents to $62.25 per barrel, the energy sector remained under pressure. On Monday, the Amex Oil Index fell another 1.1% after losing 7.4% last week. Sunoco ( SUN), Valero ( VLO) and Exxon Mobil ( XOM) led the downside.