Ollie's Bargain Outlet (OLLI), meanwhile, earned a double upgrade, with one analyst noting the discount retailer's potential tailwinds stemming from bigger retail chains' over-ordering. Tuesday afternoon, the major benchmarks were all substantially higher, as investors awaited Wednesday's inflation comments from Federal Reserve Chairman Jerome Powell. On Wednesday, several major retailers took their respective trips to the earnings confessional, and the results spiked Wall Street's concerns of the impact of inflation and high gas prices.