In corporate news, Monster Beverage (MSNT) lost 12%, the biggest drop in the S&P after reporting a smaller than expected increase in Q2 profit and a reported scandal involving their ingredients.
JC Penney (JCP) climbed 6% climbed after executives said that the company has plenty of cash to complete a turnaround and revitalize their stores, despite falling on EPS and revenue. Finally, Manchester United (MANU) premiered on the NYSE today to a stable buying as their stock hovered above the $14 level all day long.