ZALIS GLOSSARY: dow-jones-utility-average-djua
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
The Dow Jones Utility Average is a price-weighted average of 15 utility stocks traded in the United States. The DJUA was started back in 1929.
Notes:
The utility average tends to decline when investors expect rising interest rates. Utilities tend to borrow a lot of money and, consequently, are more sensitive to changes in interest rates.