Dow Jones Utility Average


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Dow Jones Utility Average

A stock index tracking fifteen 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.

References in periodicals archive ?
The Dow Jones Utility Average represents the leading utility companies in the U.
The Dow Jones Utility Average is the youngest of the three Dow Jones Averages, having made its debut in January 1929.
The Dow Jones Utility Average, which made its debut in 1929, has attracted tremendous interest recently because of the strength of the utility sector.
Index Description: The Dow Jones Utility Average is a price-weighted index of 15 of the largest, most liquid NYSE-listed utility stocks.
This was slightly better than Standard & Poor's 500 index and almost double the return earned on the Dow Jones utility average.
3% -- significantly higher than the Dow Jones Utility Average of 11.
The Dow Jones utility average, which had fallen as much as 23 percent this year, has since rebounded a robust 8 percent from its 12-month low in June.
ADVANCE/ NEW YORK, May 15 /PRNewswire/ -- As the Dow Jones Utility average plunged to its lowest level since March 1989 last week, investors continued to redeem millions of dollars worth of shares in tual funds holding utility stocks, according to data gathered for Money magazine's Small Investor Index.