The DOW closed up +522 points or +2.2%, the S&P500 was up +61 points or +2.4%, and NASDAQ was up +214 points or +3.2% for the week ending January 11th.  The oil was up +$3.4/Barrel or +7.0% closing at $51.7/Barrel. 

The New Year hope is that US-China will arrive at some amicable solution.  Chinese economy is hurting badly due to US trade threat and sanctions.  The Chinese Gross Domestic Product (GDP) forecast is to slow down from 6.5% to 6.2%. 

China needs at least above 7% Gross Domestic Product (GDP) growth rate to keep up with its ambitious economic reforms and employment.  Most of the Chinese population lives outside of large and famous Chinese cities.  These people are "migrants" who come to work at the large cities based on the Chinese government controlled labor permits.  The labor unrest is one of the major risks if Chinese economy continues to slow down. The  Chinese government realizes it as a national risk and it is encouraging its banks to lend more to stimulate slowing economy to keep up with the required economic growth and employment.