Dow Jones Utility Average
Investopedia Financial Dictionary:
Top
Dow Jones Utility Average - DJUA
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.
Investopedia Says:
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:
Get to know the most important market indices and the pros and cons of investing in them. Index Investing
Gas, electric and water companies' non-cyclical nature can power strong gains in any portfolio. Utility Funds: A Bright Choice In Bear And Bull Markets
Find out how this index tracks market movements - and where it falls short. How Now, Dow? What Moves The DJIA?
Find out how the first market averages were calculated and what they mean for investors today. A History Of Stock Market Indexes
Wikipedia on Answers.com:
Top
Dow Jones Utility Average
The Dow Jones Utility Average (also known as the "Dow Jones Utilities") is a stock index from Dow Jones Indexes that keeps track of the performance of 15 prominent utility companies.
Components
The current components on the Dow Jones Utilities are as follows (company name followed by ticker symbol):
- AES Corp., The (AES) (conventional electricity)
- American Electric Power Co., Inc. (AEP) (conventional electricity)
- CenterPoint Energy, Inc. (CNP) (multiutilities)
- Consolidated Edison, Inc. (ED) (conventional electricity)
- Dominion Resources, Inc. (D) (conventional electricity)
- Duke Energy Corp. (DUK) (multiutilities)
- Edison International (EIX) (conventional electricity)
- Exelon Corp. (EXC) (conventional electricity)
- FirstEnergy Corp. (FE) (conventional electricity)
- NextEra Energy Inc. (NEE) (conventional electricity)
- NiSource, Inc. (NI) (gas distribution)
- PG&E Corp. (PCG) (conventional electricity)
- Public Service Enterprise Group, Inc. (PEG) (conventional electricity)
- Southern Company, Inc. (SO) (conventional electricity)
- Williams Companies, Inc. (WMB) (pipelines)
The Dow Jones Utilities is a price-weighted average.
History
Was created in 1929 when all utility stocks were removed from the Dow Jones Industrial Average
External links
- Yahoo! Finance page for ^DJU
- Bloomberg page for UTIL:IND
- Dow Jones Utility Average information
- Dow Jones Utilities Average - DJUA
17%
|
|||||
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
Post a question - any question - to the WikiAnswers community:
Copyrights:
Investopedia Financial Dictionary
Copyright ©2010, Investopedia.com - Owned and Operated by Investopedia US, A Division of ValueClick, Inc. All rights reserved.
Read more
