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Teradata Corp. (TDC) Is Adding To Recent Gains

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Teradata Corp. (TDC: Quote) gapped up slightly Friday and has continued to climb in early trade. Shares are now higher by 1.31 at $68.33.

Teradata Corp. has been on an upward trend since mid-January and has risen to a new high for the year Friday morning.

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by RTT Staff Writer

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Personal spending in the U.S. unexpectedly decreased in the month of September, according to a report released by the Commerce Department on Friday, with the drop in spending accompanied by weaker than expected personal income growth. Stocks are likely to jump sharply at the start of trading on Friday, extending the upward move seen over the course of the previous session. The major index futures are currently pointing to a substantially higher open for the markets, with the Dow futures up by 169 points. Eurozone inflation rose slightly in October but it remained consistently below 1 percent, signifying the risk of deflation in the currency bloc. At the same time, the unemployment rate held steady at an elevated level in September. Inflation rose marginally to 0.4 percent in October from 0.3 percent in September, flash data from Eurostat showed Friday.
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