Silicon Valley wasn’t a happy place when Donald Trump was elected president. Tech companies have thrived on international trade and immigration and see Mr. Trump as hostile to both. While the digital economy is concentrated in liberal, coastal enclaves, Mr. Trump draws his most intense support from the old-economy states of the upper Midwest. Yet as the Nasdaq Composite Index’s first-ever close above 6000 demonstrates, technology has flourished more under Mr. Trump than any other industry, save banking. Six of the top...

Source: Wall Street Journal April 25, 2017 23:26 UTC