Spencer Platt/Getty Images(CNN) - The Dow Jones Industrial Average is zeroing in on breaking through 28,000 points, a new recordAmid an overall rally in US stocks, the major indexes are all set to close another week out with gains, driven by hopes for a trade deal and some better-than-expected retail sales data Friday. It would be the fourth consecutive weekly increase for the Dow, and the sixth and seventh respectively for the S&P 500 and the Nasdaq Composite. The Dow was up 0.7%, or nearly 200 points, and just about 25 points away from the 28,000 mark late Friday. White House Economic Adviser Larry Kudlow expressed optimism over a US-China trade deal on Friday, boosting investor sentiment. October retail sales rebounded from a sluggish September, due mostly to gasoline store sales.