S&P 500

Dow Jones and Nasdaq suffer falls

Markets across the world respond well to 0.25% increase

Following first US rate hike since 2006

David Coombs, manager of the Rathbone multi-asset portfolios, argues now is the time to seek out quality stocks that can weather market volatility.

Near-term volatility expected

FTSE opens 2% higher

FTSE recovers losses as Shanghai index falls another 7.6%

Only one member voted for a hike in July

Mark Sherlock, lead portfolio manager of Hermes US SMID Equity fund, analyses which market cap is likely to perform best when the Federal Reserve finally decides to raise rates

The FTSE 100 has opened lower once again after US markets suffered their worst one day drop so far this year on continued concerns over a Greek default.