Here's your summary from Bloomberg Open Interest 07/09/2024 (https://www.youtube.com/watch?v=Pmc0FWLfPxw) on the Bloomberg Television channel:

### TLDR:

Stocks are set to scale another all-time high, Powell testifies before lawmakers, and concerns about market correction are raised.

### Key Points:

1. Stocks are on the rise, with the S&P 500 hitting its 35th record close this year.

2. Powell testifies before lawmakers, highlighting solid economy and labor market conditions.

3. Concerns about a market correction are raised due to uncertainty surrounding earnings, election outcomes, and Fed policy.

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