Home Depot stock climbs over 3% after strong earnings

Home Depot equity climbed more than 3% on Tuesday following the firm’s quarterly profit exceeding analyst projections despite a stagnant US residential market, supported by steady demand from professional builders and minor renovations by cost-conscious homeowners. At 12:42 pm EST, Home Depot shares were trading at $388.07, up by 2.94%, or $11.08. The retailer, which…

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