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Global Markets Update: Cisco & Groupon Later Today

Wednesday, 8 Feb 2012 | 11:40 AM ET

In the U.S., markets are slightly lower after hitting a 3.5-year closing high, as investors wait for news out of Greece. Disney and Ralph Lauren are up on consumer spending. McDonald's is down in spite of better than expected global sales for January. And Cisco and Groupon trade lower ahead of earnings later today.