Shares of Home Depot (NYSE: HD) surged today as the company edged out estimates in its third-quarter earnings report and reassured investors that the business was performing well under difficult macro conditions.

Additionally, the stock seemed to benefit from a cooler-than-expected inflation report. That makes it less likely that the Federal Reserve will raise interest rates again, which benefits Home Depot.

As a result, the stock finished today's session up 5.4%.

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Source Fool.com