( AMD ) , Bank of America Corp. (BAC ), General Electric Co. ( GE ), Chesapeake Energy Corp. ( CHK ), Micron Technology Inc . Europe The main exchanges in Europe closed in red with slight variations. It is the first Thursday of July and the markets are in red after the Federal Reserve authorities were increasingly divided on the inflation outlook and how it could affect the future pace of interest rate hikes, according to the minutes of the central bank's June meeting, which was reported yesterday.