{"id":452499,"date":"2025-09-26T09:38:13","date_gmt":"2025-09-26T09:38:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/452499\/"},"modified":"2025-09-26T09:38:13","modified_gmt":"2025-09-26T09:38:13","slug":"stocks-rise-as-starmer-set-to-announce-plans-for-uk-digital-id-scheme","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/452499\/","title":{"rendered":"Stocks rise as Starmer set to announce plans for UK digital ID scheme"},"content":{"rendered":"\n

Stocks in Asia were lower overnight, with the Nikkei (^N225<\/a>) down 0.9% on the day in Japan as the Tokyo CPI print for September showed a downside surprise of +2.5% in the headline CPI (vs. +2.8% expected).<\/p>\n

However, this was partly because the government expanded the entitlement for free childcare, and that was a policy specific to Tokyo that won\u2019t apply nationwide.<\/p>\n

Meanwhile the Hang Seng (^HSI<\/a>) fell 1.3% in Hong Kong, and the Shanghai Composite (000001.SS<\/a>) was 0.7% down by the end of the session. In South Korea, the Kospi (^KS11<\/a>) slumped 2.5% on the day, one of its worst days in nearly two months.<\/p>\n

Across the pond on Wall Street, the S&P 500 (^GSPC<\/a>) lost 0.5%, posting a third consecutive decline for the first time in a month, and the tech-heavy Nasdaq (^IXIC<\/a>) was also 0.5% lower.<\/p>\n

The Dow Jones (^DJI<\/a>) also slipped 0.4% on the day as president Donald Trump announced a new set of sectoral tariffs.<\/p>\n

The decline on Thursday was a broad-based one, and there were bigger falls for the Magnificent 7 (-0.95%) and the small-cap Russell 2000 (-0.98%). Sentiment also wasn’t helped by the prospect of a government shutdown next week, as funding is due to expire on 30 September, and there\u2019s still no sign of a breakthrough between Republicans and Democrats.<\/p>\n

Elsewhere, from 1 October, the US will impose a 100% rate on branded or patented pharmaceutical products, 50% on kitchen cabinets, 30% on upholstered furniture, and 25% on heavy trucks.<\/p>\n

Nasdaq GIDS – Delayed Quote \u2022 USD <\/p>\n

22,384.70 <\/p>\n

-113.16 <\/p>\n

(-0.50%) <\/p>\n

At close: 25 September at 17:15:59 GMT-4 <\/p>\n","protected":false},"excerpt":{"rendered":"Stocks in Asia were lower overnight, with the Nikkei (^N225) down 0.9% on the day in Japan as…\n","protected":false},"author":2,"featured_media":452500,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[748,97199,393,1880,4884,32375,6325,807,1144,712,16,15,1764],"class_list":{"0":"post-452499","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-britain","10":"tag-digital-id","11":"tag-england","12":"tag-ftse-100","13":"tag-great-britain","14":"tag-identity-verification","15":"tag-illegal-migration","16":"tag-keir-starmer","17":"tag-northern-ireland","18":"tag-scotland","19":"tag-uk","20":"tag-united-kingdom","21":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115269933914899823","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/452499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=452499"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/452499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/452500"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=452499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=452499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=452499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}