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Dow Jones Utility Average |
Also found in: Wikipedia | 0.01 sec. |
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Dow Jones Utility Average A stock index tracking 15 large, American utility companies. Utility companies borrow more than most companies and thus benefit from low interest rates. Because of this, a downturn on the DJUA is considered a predictor signaling an expected rise in interest rates. See also: Dow Jones Industrial Average, Dow Jones Transportation Average. Dow Jones Utility Average. The Dow Jones Utility Average tracks the performance of the stocks of 15 gas, electric, and power companies, and is one of the components of the Dow Jones 65 Composite Average. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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