Dow Jones Utilities Average. An index of 15 major utility corporations.

Dow Jones Utility Average. Average of the prices of 15 geographically representative gas and electric utility companies. See: Dow Jones Composite; Dow Jones Industrial Average; Dow Jones Transportation Average

DOW JONES UTILITIES AVERAGE. An index of 15 leading utility companies. Some analysts believe a rise in utility stock prices is a signal that Wall Street expects interest rates to go down.