JERUSALEM (AP) — Edan Alexander was 19 when Hamas militants stormed the Israeli military base where the American-Israeli from New Jersey was a soldier and dragged him into the Gaza Strip.
Hamas released Alexander, the last living American hostage in Gaza, on Monday ahead of President Donald Trump's visit to the region this week. The militant group called it a goodwill gesture aimed at reviving mediated efforts to end the 19-month war.
Alexander was among 251 people taken hostage in Hamas' Oct. 7, 2023, attack that ignited the war. Fifty-eight remain in Gaza. Around a third are believed to be alive. Most of the rest were released in ceasefire agreements or other deals.
After Hamas announced on Sunday he would be released, Alexander's family said it “received the greatest gift imaginable — news that our beautiful son Edan is returning home after 583 days in captivity in Gaza.”
Alexander’s parents flew to Israel on Monday. Trump’s hostage negotiator, Adam Boehler, posted a picture on social media showing Alexander's mother, Yael, aboard the flight.
A native of Tenafly, a suburb of New York City, Edan Alexander moved to Israel in 2022 after high school and enlisted in the military. Hamas militants seized him from his military base after he volunteered to stay there over the Jewish Sabbath.
In a video Hamas released of Alexander over Thanksgiving weekend in November 2024, he cried and pleaded for help. Though the video was difficult to watch, his family said, it came as a relief to see he was alive.
Hostages freed since then have given the family more news, his father said. Some said Alexander had lost a lot of weight. Others said he’d been an advocate for fellow hostages, standing up for captive Thai workers and telling their captors that the workers weren't involved in the conflict and should be freed.
Alexander, like other male soldiers held in Gaza, was not included among hostages released during a ceasefire earlier this year. Hamas released 25 Israeli hostages and the bodies of eight others in January and February in return for nearly 1,800 Palestinian prisoners. The sight of some emaciated hostages among those freed brought fresh despair to families whose loved ones remained in Gaza.
Hamas has said it will only release the remaining hostages in exchange for a lasting ceasefire and an Israeli withdrawal from Gaza, along with the release of more Palestinian prisoners. Israel has rejected those terms, saying it will continue the war until all the hostages are freed and Hamas is defeated.
Hamas said in March it would release Alexander and the bodies of four other hostages if Israel recommitted to the stalled ceasefire agreement. Alexander’s father, Adi, said at the time he was speaking with Trump’s hostage negotiators almost daily, pressing for his son's release.
Days later, Israel shattered the truce with a surprise bombardment that killed hundreds of Palestinians. Israel called the renewed bombardment a tactic to pressure Hamas to negotiate different ceasefire terms. Hamas said the offensive puts remaining hostages at risk.
In April, Hamas published another video of Alexander in which he spoke from a dark room. His family believes he has been held in Hamas' vast tunnel network.
Days later, Hamas said it had lost contact with the militants holding Alexander after an Israeli airstrike targeted their location. Israeli officials have not commented on the claim.
The Alexander family Monday urged the Israeli government to continue efforts to free all the hostages — a plea that other families have echoed since the Hamas announcement on Sunday.
“Please don’t stop," Alexander's family said. "We hope our son’s release begins negotiations for all 58 remaining hostages, ending this nightmare for them and their families.”
Lidman reported from Tel Aviv, Israel. Associated Press writer Sam Mednick in Tel Aviv contributed.
Follow AP’s war coverage at https://apnews.com/hub/israel-hamas-war
FILE - Varda Ben Baruch, holds a picture of her grandson Edan Alexander who is held hostage in Gaza, near the Gaza border in Kibbutz Nir Oz, southern Israel, on April 20, 2025. (AP Photo/Ohad Zwigenberg, File)
Relatives of Israeli-American soldier Edan Alexander arrive ahead of his scheduled release from Hamas captivity in Gaza, in Reim, near the Gaza border, southern Israel, Monday, May 12, 2025.(AP Photo/Maya Alleruzzo)
NEW YORK (AP) — Stocks wavered on Wall Street Friday to kick off the new year as early gains led by technology stocks failed to hold up.
The S&P 500 rose 0.2% after shifting between small gains and losses throughout the morning. The benchmark index is coming off a gain of more than 16% in 2025.
The Nasdaq composite rose 0.1%. The Dow Jones Industrial Average rose 289 points, or 0.6%, as of 2:32 p.m. Eastern.
Major indexes are closing a mostly tepid, shortened holiday week. Markets were closed Thursday for New Year’s Day.
Markets in Europe and Asia made strong gains. Indexes in Britain and South Korea hit records.
Technology stocks were steering the market, especially companies with a focus on artificial intelligence, continuing the trend that pushed the broader market to records in 2025.
Nvidia jumped 1.4% and was the biggest force trying to push the market higher. Broadcom rose 0.4%. But a 0.7% drop from Apple and a 2.4% fall for Microsoft helped to counter those gains.
Those technology companies are among the most valuable companies in the world and their outsized valuations give them more influence on the market's direction. That includes sometimes pushing the market up and down from hour to hour.
Technology companies have been a major focus because of advancements in artificial intelligence technology and the potential for growth within the sector. Wall Street has been betting that demand for computer chips and other items needed for data centers will help justify the big investments from technology companies and their pricey stock values.
Tesla fell 2.6% after reporting falling sales for a second year in a row.
Furniture gained ground following President Donald Trump's move to delay increased tariffs on upholstered furniture. RH rose 9.5% and Wayfair rose 6.3%.
E-commerce giant Alibaba climbed 4.3% and Baidu, maker of the Ernie chatbot, jumped 9.4% in Hong Kong after it said it plans to spin off its AI computer chip unit Kunlunxin, which would list shares in Hong Kong early in 2027. The plan is subject to regulatory approvals.
Crude oil prices were mostly stable. Prices for U.S. crude oil fell 0.1% to $57.38 per barrel. The price of Brent crude, the international standard, fell 0.1% to $60.77 per barrel.
The price of gold fell 0.2%.
Treasury yields held steady in the bond market. The yield on the 10-year Treasury rose to 4.19% from 4.17% late Wednesday. The yield on the two-year Treasury, which moves more closely with expectations for what the Federal Reserve will do, held at 3.48% from late Wednesday.
Wall Street will move past the mostly quiet holiday season after Friday. The first full week of the new year will include several closely watched economic updates. They will also be some of the last big updates the Fed sees before its next meeting at the end of January.
Next week will feature private reports on the status of the services sector, which is the largest part of the U.S. economy, along with consumer sentiment. Government reports on the job market will also be released. They will all help paint a clearer picture of how various parts of the U.S. economy closed out 2025 and where it might be headed in 2026.
The Fed has had a more difficult task because of the complex shifts within the economy. It cut interest rates three times toward the end of 2025, partly to help counter a weakening jobs market. But inflation remains above its target rate of 2% and cutting interest rates could add more fuel to rising prices. Consumers have already expressed more caution amid the squeeze from stubborn inflation and the U.S. trade war with much of the world has added more uncertainty.
The Fed has already signaled concern and caution. Wall Street is betting that the central bank will hold its benchmark interest rate steady at its January meeting.
AP Business Writer Elaine Kurtenbach contributed to this report.
Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Specialists Patrick King, left, and Douglas Johnson work on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Vincent Napolitano, foreground, works with colleagues on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Fred Demarco works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Michael Capolino works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
A screen shows the Korea Composite Stock Price Index (KOSPI) as participants applaud during the opening ceremony of the 2026 trading year at the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
Dancers in traditional costumes perform to celebrate the opening for the 2026 trading year outside of the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
A worker walks near a screen showing the Korea Composite Stock Price Index (KOSPI) after the opening ceremony of the 2026 trading year at the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
South Korean financial officers celebrate the opening for the 2026 trading year outside of the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
Dancers in a bull-shaped costume perform to celebrate the opening for the 2026 trading year outside of the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)