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Global Markets Update: Cisco & Groupon Later Today

11:40 AM ET Wed, 8 Feb 2012

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.