But a sustained sell-off could still hurt the economy.
• Here are the latest numbers from the U.S. and around the world.
The Olympics are here
Dozens of Russian athletes won’t be there, after losing an appeal today to be reinstated after a doping ban.
In a storm he was hired to calm
• John Kelly, the White House chief of staff, has had a tough week.
President Trump is even said to have complained to Reince Priebus, the man he pushed out to hire Mr. Kelly.
Mr. Kelly has recently drawn unwelcome attention for his initial support of Rob Porter, the staff secretary who resigned this week after his two ex-wives accused him of abuse.
• White House officials said on Thursday that they regretted how they had handled the accusations against Mr. Porter. Officials did not say when they first learned of the episodes, but people close to the White House said that top aides, including Mr. Kelly, had known since late fall.
Listen to ‘The Daily’: Hurricane Maria’s Toll
The Puerto Rican government said that the storm had killed just 64 people. The bodies showing up at morgues across the island told a different story.
• President Trump is expected to talk next week about his plan to rebuild American infrastructure. A dispiriting trip from the Newark airport to Penn Station in Manhattan shows how much needs to be done, our columnist writes.
• Cryptocurrencies on campus: Several universities have added classes about the technology that drives virtual currencies like Bitcoin.
Tips, both new and old, for a more fulfilling life.
• Looking to gain strength and stay healthy? Lift weights and eat more protein, especially if you’re over 40.
• Want to understand Snapchat? Here’s our guide.
• Pick a recipe (or eight) to celebrate the Lunar New Year.
• War in Syria escalates
Our correspondents report: “Since the rout of the Islamic State last year, and steady government advances against other insurgent groups, a misperception has grown abroad that the Syrian war is winding down. Instead, the carnage is reaching a new peak.”
• The state of the internet
What you’re doing now, reading words on a screen, is going out of fashion.
Our technology writers are trying to catalog the currents shaping the internet. The defining narrative of the moment: the exploding reach of audio and video.
• Dogs of New York
Downtown poodles. Uptown pit bulls. A Xoloitzcuintli on the block.
To understand New York City real estate, follow Fido.
• The week in good news
• Quiz time!
Did you keep up with this week’s news? Test yourself.
• Ready for the weekend
Our movie critics say go to “Black Panther” and skip “Fifty Shades Freed.” We also review “The 15:17 to Paris,” in which the American tourists who helped thwart a train attack in 2015 play themselves. Clint Eastwood directs.
Peter Hujar’s photographs, at the Morgan Library & Museum, captured downtown Manhattan’s golden age before the emergence of AIDS. Our art critic has a review.
And we spoke to Jimmy Buffett, the beach bum musician-turned-businessman who has a new Broadway musical, “Escape to Margaritaville.”
• Best of late-night TV
After reports that the White House had ignored accusations of abuse by a former aide, Stephen Colbert asked, “Is the Trump administration so desperate for people who are even mildly competent that they’re willing to overlook anything?
• Quotation of the day
“For the vast majority of Americans, fluctuations in the stock market have relatively little effect on their wealth, or well-being, for that matter.”
— Edward Wolff, an economist at New York University who published new research on the topic.
• The Times, in other words
“Alligator Found in Uptown Sewer.” It’s a story that would have spread quickly online, had there been an internet.
On this day in 1935, as recorded in The Times, a teenager looked down a manhole while shoveling snow in East Harlem and saw an eight-foot alligator.
The story ignited the public’s imagination for decades. In the 1980s, Anna Quindlen, the author who was then a Times reporter, called it “the most durable urban myth in the history of cities, reptiles or waste disposal.”
A Manhattan historian became so entranced with the idea that he has long observed Feb. 9 as Alligators in the Sewers Day. “I want it to be true,” he told us last year.
Big beasts have been found in sewers around the world. In Sydney, it took six people to drag a 55-pound snapping turtle from a drain in 2000, and in China, a cow was pulled from a sewer pipe in Guangxi Province.
The New York alligator is still a puzzle. The theory at the time was that it had fallen off a boat in the Harlem River.
John T. Flaherty, the former chief of design in the Bureau of Sewers, had a trademark reply to constant questions:
“No, Virginia, there are no alligators in the New York City sewer system.”
Charles McDermid contributed reporting.
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Because of an editing error, an earlier version of this article misstated the year in which Anna Quindlen wrote about public fascination with the idea that alligators lurk in sewers. Her article was written in 1982, not 1935, the year a Harlem teenager set off the urban legend.