Apple Inc AAPL.O, Meta Platforms FB.O, Microsoft Corp MSFT.O and Nvidia Corp NVDA.O fell between 0.3% and 0.4%, weighing on the S&P 500 and the Nasdaq indexes. Focus is squarely on Fed Chair Jerome Powell's press conference on Wednesday for comments on the future path of interest rates and balance sheet reduction. The Fed is in a position where they're behind on inflation, so if things don't start to slow down they will have to move more aggressively," said Randy Hare, director of equity research at Huntington National Bank.