INDB

Rising ahead of its earnings report

• INDB +1.22% on the last session vs SPY +0.04%: +1.2 pts of stock-specific move.
• Earnings today after the close (date not confirmed): EPS $1.83 expected (4 analysts).
• Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.