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Stocks are falling after the government revealed that economic growth shrank in the final quarter of 2012, the first time that's happened in more than three years.
Dow Jones industrial average is down 13 points to 13,941.30. The broader S&P futures have given up 0.60 points to 1,507.20. Nasdaq futures are up 4.4 points to 3,158.
Part of the reason for slowing growth was the biggest cutback in U.S. defense spending in four decades.
QUIZ: How much do you know about the stock market?
The Commerce Department says the economy contracted at an annual rate of 0.1 percent.
It immediately raises questions about the strength of the economic recovery going forward, given the tax increases that went into effect this month.
Attention now turns to the Federal Reserve, which wraps up a two-day policy meeting Wednesday.
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shareDiv.innerHTML = templateHTML;
/* append the new div to the end of the document, which is hidden already with CSS */
document.body.appendChild(shareDiv);
/* Store the div in both a regular JavaScript variable and as a jQuery object so we can reference them faster later */
var shareTip = document.getElementById('shareTip'),
$shareTip = $('#shareTip');
/* This extends our settings object with any user-defined settings passed to the function and returns the jQuery object shareTip
was called on */
return this.each(function() {
if (options) {
$.extend(settings, options);
}
/* This is a hack to make sure the shareTip always fades back to 100% opacity */
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/* Function that replaces the HTML in the shareTip with the template we defined at the top */
/* It will wipe/reset the links on the social media buttons each time the function is called */
var removeLinks = function (){
shareTip.innerHTML = templateHTML;
};
/* This is the function that makes the links for the Tweet / Share functionality */
var makeURLS = function (link, message){
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var tweetConstruct = [
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],
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fbURL = fbConstruct.join(''),
newHTML = [
''
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shareHTML = newHTML.join('');
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shareTip.innerHTML = shareHTML;
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/* Since the shareTip will automatically fade out when the user mouses out of an element */
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/* from the element to the shareTip to prevent it from popping out */
$shareTip.hover(function(){
$shareTip.stop(true, true);
$shareTip.show();
checkOpacity();
}, function(){
$(this).fadeOut(settings.speed);
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/* This function handles the hover action */
$(this).hover(function(){
/* remove the old links, so someone doesn't accidentally click on them */
removeLinks();
/* If there's already an animation running on the shareTip, stop it */
$shareTip.stop(true, true);
var eso = $(this),
message,
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height = eso.height(),
width = eso.width(),
offset = eso.offset(),
link;
link = eso.children('a').attr('href');
message = escape( eso.find('img').attr('alt') ) || eso.attr(settings.message_attr);
if (link.search('http://') === -1){
link = 'http://www.latimes.com' + link;
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link = encodeURIComponent(link);
/* If it's at the top of the page, the shareTip will pop under the element */
if (offset.top
