The market is down 22 points. The Dow Jones was up 15 points at 16,921 -- The market fell in the morning session and was down as much as 48 points before a recovery in the afternoon in what was considered cautious trading after the FOMC. Defensive sectors such as Consumer Staples, Health Care and Utilities were the best performers while Consumer Discretionary, Financials and Materials underperformed.  The market closed near its highs on improving volume in a 65 point range.