The S&P 500 Index ($SPX) (SPY) Monday closed down -0.12%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.42%. Stock indexes on Monday settled moderately lower. The S&P 500 on Monday fell back from a new all-time high as stocks consolidated recent gains. The markets are awaiting Fed Chair Powell’s semiannual monetary policy testimony to a House committee on Wednesday and a Senate panel on Thursday for clues to the path of Fed policy. Powell is expected to maintain his hawkish stance and signal the Fed is in no hurry to cut…