The Dow nears 28,000 as stocks rally

The Dow Jones Industrial Average is zeroing in on breaking through 28,000 points, which would be a new record

New York The Dow Jones Industrial Average is zeroing in on breaking through 28,000 points, a new record

Amid 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. The S&P was up 0.6% and the Nasdaq was up 0.

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