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EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Dow Today: JPMorgan Chase (JPM) Leads The Day Higher, 3M (MMM) Lags

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) closed down 10.0 points at 16,937. During the day, 260.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 332.4 million. The NYSE advances/declines ratio closed at 1,503 issues advancing vs. 1,530 declining with 157 unchanged.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Dow component that led the way higher today was JPMorgan Chase (NYSE: JPM), which sported a 64-cent gain (+1.1%) bringing the stock to $58.19. Volume for JPMorgan Chase ended the day at 13.5 million shares traded vs. an average daily trading volume of 16.5 million shares.

JPMorgan Chase has a market cap of $216.86 billion and is part of the financial sector and banking industry. Shares are down 1.6% year-to-date as of Friday's close. The stock's dividend yield sits at 2.8%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Holding the Dow back today was 3M (NYSE: MMM), which lagged the broader Dow index with a $1.07 decline (-0.7%) bringing the stock to $144.09. This single loss lowered the Dow Jones Industrial Average by 8.1 points or roughly accounting for 81% of the Dow's overall loss. Volume for 3M ended the day at 1.4 million shares traded vs. an average daily trading volume of 2.2 million shares.

3M has a market cap of $94.54 billion and is part of the industrial goods sector and industrial industry. Shares are up 3.5% year-to-date as of Friday's close. The stock's dividend yield sits at 2.4%.

3M Company operates as a diversified technology company worldwide.

TheStreet Ratings rates 3M as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, notable return on equity and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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