Reports due from Walt Disney Co., Cisco Systems

First indications are for good news on the latest Disney Co. earnings report, to be released Tuesday. (WALT DISNEY CO.)

TOMORROW

The Institute for Supply Management releases its April reading on the service sector. The index is expected to come in at 49.3, according to economists. That would indicate a slightly larger contraction in activity than March's reading of 49.6.

TUESDAY

Investors are likely to focus on Walt Disney Co.'s earnings report to determine the strength of sales at its US amusement parks and of Disney products. Analysts look for earnings of 51 cents a share, up from 43 a year ago.

Cisco Systems Inc. also reports earnings, and Wall Street expects net income of 36 cents a share, up from 34 cents.

Analysts expect Fannie Mae to report a first-quarter loss of 81 cents a share, and they'll be looking to mortgage firm for perspective on the housing market.

Global bank UBS AG reports on the state of credit markets.

THURSDAY

American International Group releases first-quarter financial results. The insurer is expected to report a loss of 61 cents a share, vs. year-ago earnings of $1.68.

FRIDAY

The Commerce Department reports on international trade in March, data that should provide insight into how the weak dollar has affected imports and exports. Economists expect a decline in the trade gap.