Dow Jones Down 27; Investors Worry Over Global Economy

Scott Eells/Bloomberg via Getty Images(NEW YORK) -- An encouraging housing report couldn't keep the markets in positive territory Wednesday. Investor concerns about the unstable financial situation in Europe pushed stocks down.
 
Stocks backtracked over concern about the outlook for Greece and the possible risk to the global economy. On Wednesday the Dow lost 27 points. The Nasdaq and S&P gave up 15 and 5 points, respectively.
 
The declines come a day after the Dow touched the 13,000 level for the first time since May of 2008.

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