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Dow Jones Utility Average - DJUA

What does it mean?
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.

In Other Words...
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.

Related Links
Index Investing Tutorial - Get to know the most important market indexes, and the advantages and disadvantages of investing in them.

Related Terms
Blue Chip | DJIA | DJTA | Nasdaq | NYSE | S&P 500

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