Here's your summary from Powell Testifies Before the House | Bloomberg: The Close 07/10/2024 (https://www.youtube.com/watch?v=ANZWBP6orck) on the Bloomberg Television channel:

### TLDR:

Powell Testifies Before the House | Bloomberg: The Close 07/10/2024 - A summary of market updates, earnings season expectations, and the guilty verdict in the Bill Hwang trial.

### Key Points:

1. Market update: S&P at 5600, tech-led rally, anticipation for CPI data and bank earnings.

2. Earnings season expectations: Broadening earnings growth potential beyond tech sector.

3. Guilty verdict in Bill Hwang trial: CFO and co-founder found guilty on multiple counts of securities fraud and market manipulation.

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