Data: In the past 24 hours, total liquidations across the network reached $425 million, with long positions liquidated for $284 million and short positions for $141 million.

AbbVie recently filed a lawsuit against the U.S. Department of Health and Human Services, protesting the inclusion of its botulinum toxin product Botox in the Medicare drug price negotiation list under the Inflation Reduction Act.

A McDonald's executive recently stated that its McCafé brand will soon launch a new beverage series in the US market.

Grab Holdings Ltd (NASDAQ: GRAB) recently announced that the payment for the acquisition of its 50.1% equity stake will be made upon completion of the transaction, with the enterprise value for this deal set at $425 million.

The three major U.S. stock indexes closed slightly lower, with mixed performance among popular tech stocks.