Market Update – Hawkish Fed Comments

2:12 p.m. ET The market celebrated Pelosi’s landing in Taiwan given there was no overt Chinese reaction, something the market has clearly been worried about since yesterday. SP-500 -0.15%, Dow -0.7% (Transports -2.2%), NASDAQ-100 0%, Small Caps +0.25% The averages went on to make new session highs, bu it seems technical resistance is still playing…