On Thursday, stock indices in the US ended trading on a positive note after investors “digested” signals from the Federal Reserve that it plans to tighten monetary policy.

But now the market is in a rather quiet period as spring break begins and earnings reports from major companies are expected at the end of the month.

Investors buying on the downturn seemed to push the indexes up Thursday after they traded mixed to lower earlier in the session. The Fed plans to start cutting back on its bond purchases as early as May, when it holds its next monetary policy meeting.

Analysts believe the first quarter will be a good one for technology companies, although rising bond yields may take some of the momentum away from investors.

Also on the data calendar is a spot for Warren Buffett’s Berkshire Hathaway annual meeting next month, which will be held for the first time in 2 years. The event is usually a lively mix of entertainment, shopping and investment advice from Buffett and his longtime associate Charlie Munger.

Buffett has been making a lot of noise lately, most notably Wednesday night’s disclosure of his purchase of an 11% stake in HP, the computer maker, recently also buying insurance company Alleghany Corporation for $11.6 billion. Perhaps it’s hunting season for the “oracle of Omaha.”

Here are 3 events that could impact the market on Friday:

1. WHOLESALE INVENTORIES

Data on monthly U.S. wholesale inventories of goods will be released on Friday at 10:00 a.m. ET (3:00 p.m. GMT). Analysts forecast wholesale inventories, which measure the change in the total value of goods held in wholesalers’ warehouses nationwide, to come in at 2.1%, up from the previously reported 0.8%.

2. SIGNS OF LIFE

Friday at 1:00 pm ET (6:00 pm GMT) will also see the release of the U.S. rig count report from Baker Hughes, which is considered a leading indicator of demand for petroleum products. According to data tracked by Investing.com, there were 531 at last count.

3. CONGRESSIONAL RECESS

With the confirmation of U.S. President Joe Biden’s Supreme Court nominee, Ketanji Brown Jackson, who will become the first black female jurist on the Supreme Court, lawmakers on Capitol Hill will go into recess while some business remains in limbo. That includes a vote to confirm Biden’s nominee to the Fed, including approval for a second term for Fed chief Jerome Powell, and additional COVID-19 preparedness funds that were stuck in the Senate as of noon Thursday.