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Dow Jones Utilities Average

From Longman Business DictionaryDow Jones Utilities AverageˌDow Jones Uˈtilities ˌAverage trademark abbreviation DJUA [singular]FINANCEECONOMICS a share index of electricity, gas, and water companies. The movement of their shares is seen as a sign of the way interest rates may develop. These companies are big borrowers and, when interest rates go down, their results improveThe Dow Jones Utilities Average rose 2.89 points yesterday to 212.90, which many traders interpret as signaling lower interest rates ahead. average
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