Microsoft Corporation (MSFT) & Tech’s Gains Push The Dow Jones Industrial Average (.DJI) Near Record Highs

Microsoft Corporation (NASDAQ:MSFT)It’s another fantastic start to the week for the markets, and the major stock indexes are hitting all the right notes for investors. The Dow Jones Industrial Average (INDEXDJX:.DJI) has kept up its winning ways, gaining 123 points, or 0.84%, as of 2:20 p.m. EDT. The majority of the blue-chip index’s stocks are in the green today, with many surging more than 1%. Earnings season is winding down, but that doesn’t mean the markets are quiet. Let’s catch up on what you need to know.

International Business Machines Corp. (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT) on the move
International Business Machines Corp. (NYSE:IBM) has soared to the top of the Dow today, with shares of the tech giant gaining 2.7% so far. In the absence of noteworthy news on the company, International Business Machines Corp. (NYSE:IBM) is following the rest of the tech sector upward today. It’s a welcome sign for investors, who have dealt with a stock that fell off dramatically after the firm missed on both earnings and revenue earlier in April. Shares had fallen more than 4.5% over the past month before today.

Not to be outdone with tech on the rise, Microsoft Corporation (NASDAQ:MSFT) shares have risen 2.6% to rank among the top Dow leaders. The company turned heads today by showcasing its “Illumiroom” concept of gaming and entertainment, projecting lights around a user’s room in order to improve the experience.

The concept comes as Microsoft Corporation (NASDAQ:MSFT) gears up for the May 21 launch announcement of its newest Xbox entertainment console. While Illumiroom may not be ready for a full showcase by the announcement date, the feature would give Microsoft Corporation (NASDAQ:MSFT) a technological leg up on gaming rival Sony in the game and entertainment console market.

Outside of tech, The Walt Disney Company (NYSE:DIS) shares have jumped 1.9% after the company’s latest Marvel film, Iron Man 3, dominated at the international box office this past weekend. The film, the latest in the Iron Man series, raked in nearly $200 million worldwide, even though its U.S. debut won’t come until this Friday. With such a smashing first weekend following up the massively successful prior Iron Man films, Disney investors can expect big sales from Iron Man 3 in the coming weeks.

Finally, McDonald’s Corporation (NYSE:MCD) is also on the rise today, picking up 1.6%. Investors have gotten excited after company CEO Don Thompson, speaking to CNBC today, discussed the possibility of serving McDonald’s breakfast-menu items all day, along with customer loyalty schemes, mobile-payment systems, and other ideas. Thompson is looking for new ways to innovate as the company’s sales hit a wall and rivals advance on McDonald’s leadership atop the industry.

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Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends McDonald’s and Walt Disney. The Motley Fool owns shares of International Business Machines (NYSE:IBM)., McDonald’s, Microsoft, and Walt Disney.

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