B4 | Friday, June 15, 2012 | The Union | Section B

BUSINESS

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THE DAY ON WALL STREET

June 14, 2012

J F M A M JD

Nasdaqcomposite

2,807.55

June 14, 2012

+0.63% 2,842.31High LowPct. change from previous:

J F M A M JD12,497.66

June 14, 2012

+1.24%

Dow Jonesindustrials

12,698.68High LowPct. change from previous:

10,500

11,500

12,500

13,500

+155.53

12,651.91

2,836.33

+17.722,250

2,500

2,750

3,000

3,250

CCOOMMMMOODDIITTIIEESS

SUBMITTED TO THE UNION

The Gold CountryBroadband Consortium willmeet from 1:30 to 3:30 p.m. onJune 21 at the Placer CountyPlanning Commission hearingroom, 3091 County Center Dr.,Auburn.

Representatives from theCalifornia Telehealth Networkwill discuss ways to create betterconnections among California’shealth care providers, their

patients and other health careprofessionals around the world.

Also scheduled to speak arerepresentatives from AT&T andthree other Internet serviceproviders about their plans forexpanding their networks.

The meeting is sponsoredby the Sierra EconomicDevelopment Corp., supportedin part by funding from NevadaCounty. For information, visitwww.SEDCorp.biz or call (530)823-4703.

Broadband meeting todiscuss health care

BY TRINA KLEIST

Staff Writer

Debbie DeJesus hits theroad this week withher new LaTeDa

Mobile truck, staging publicparties locally on Saturday andWednesday.

DeJesus closed her MillStreet store in April but vowed toreturn for private parties andshowings from her fashion truck— the latest business model in atough economy where survivorslike DeJesus are finding newways to reach out to customers.(Fashion trucks were featured onthe Today Show on June 4,DeJesus noted.)

Her truck, about the size ofa UPS delivery truck, is a customcreation that evokes both GoldRush history and a woman’s clos-et, with tin ceiling tiles and pinkand white striped wallpaper.

“I am the first mobile fash-ion truck in Nevada County andon the (San Francisco)Peninsula,” said DeJesus, wholives part time in Sunnyvale.

LaTeDa fans can find it,

along with DeJesus’ newestinventory, at two coming events:

• Sierra Knolls Winery cele-brates the one-year anniversaryof opening its Bear River TastingRoom on Saturday. LaTeDa

Mobile will be there from 2 to 5p.m. at 10024 Linnet Lane, offHighway 49 in southern NevadaCounty.

• From noon to 2 p.m.Wednesday, LaTeDa Mobilewill be at Champagne JaneSalon and Spa, 477 S. AuburnSt., downtown Grass Valley.

Champagne Jane will beoffering specials, DeJesus said.

In addition to her publicevents, DeJesus has four moreprivate events booked over thenext week, she said.

Book LaTeDa home par-ties at latedamobile@yahoo.comor (530) 913-7295. FollowLaTeDa Mobile atwww.Twitter.com/latedemobileand www.Facebook. com/lated-aboutique.To contact Senior Staff Writer Trina Kleist,email tkleist@theunion.com or call (530)477-4230.

LaTeDa hits the road

Submitted photo

LaTeDa Mobile owner Debbie DeJesus shows off her new mobile fashion boutique, which will appear at six events in the next week.

ASSOCIATED PRESS

NEW YORK — A reportthat major central banks wouldbe ready to pump money into thefinancial system after the Greekelections this weekend gave thestock market a late push higher.

The Reuters report saidmajor central banks were prepar-ing for coordinated action if theresults of Greek elections onSunday strain global financialmarkets.

The Dow Jones industrialaverage jumped 155.53 points toclose at 12,651.91 Thursday.That’s a gain of 1.2 percent. TheDow jumped 100 points after thereport came out then pulled back.

Investors are on edge aheadof Greece’s election this weekendbecause parties opposed to theterms of the country’s financial

bailout could take control of thegovernment. If that happens andthe country leaves the euro, manyfear the currency union could betorn apart and European bankscould fail.

The stock market began

climbing in early trading after atame inflation reading andanother weak jobs report raisedexpectations that the FederalReserve would offer more sup-port for the U.S. economy.

Applications for unemploy-ment benefits rose last week,

according to the latest govern-ment report. The four-weekaverage increased for a thirdstraight week, another sign thatthe jobs market remains weak.

The government’s mainmeasure of U.S. consumer prices

fell in May by 0.3 percent, thebiggest drop since December2008. Analysts said the slow-down in price increases couldmake it more likely that the Fedwill announce new steps to boostthe economy when it meets nextweek. Low inflation gives the

Fed more leeway to inject moneyinto the financial system, keepinterest rates low and encourageborrowing.

“The markets are higher, Ithink, because there are enoughinvestors who believe that thismorning’s data on prices and job-less claims increase the case formore Fed easing as soon as nextweek’s meeting,” said ClarkYingst, chief market analyst atthe securities and banking firmJoseph Gunnar.

Yingst said the market couldeasily switch directions in thecoming days.“Traders are just fol-lowing the trend one way on oneday, but are perfectly happy fol-lowing it the other way the next.”

The Standard & Poor’s 500rose 14.22 points to 1,329.10.The Nasdaq composite gained17.72 points to 2,836.33.

Stocks surge on bank expectations

(If Greece) leaves the euro,many fear the currency union

could be torn apart and European banks could fail. ▲ LOCAL STOCKS

Name Last Prev Cls

AT&T 35.69 34.98

Bank of America 7.66 7.50

Bank of the West 18.95 18.61

Emgold Mining 0.065 0.065

Hewlett-Packard 21.59 21.48

Newmont Mining 50.69 50.72

PG&E Corp. 45.24 45.00

Safeway Inc. 18.20 17.65

TriCounties Bank 15.29 14.84

Verizon 43.75 42.99

Wells Fargo & Co. 32.03 31.58

Westamer Bncp 45.41 44.72