| Dow
Jones Utility Average - DJUA |
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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. |
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The
utility average tends to decline when investors expect rising interest
rates because utilities tend to borrow a lot of money, therefore they
are more sensitive to changes in interest rates. |
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Dictionary
