The S&P 500 index settled up 0.27% at 6,512.61, the Nasdaq Composite added 0.37% to close the day at 21,879.49, while the Dow Jones Industrial Average finished up 196.39 points, or 0.43%, at 45,711.34

All three major U.S. indexes closed at record highs Tuesday as investors moved past concerns about the state of the U.S. economy.

The S&P 500 index settled up 0.27% at 6,512.61, while the Nasdaq Composite added 0.37% to close the day at 21,879.49, with the latter hitting a new all-time intraday high as well. The Dow Jones Industrial Average finished up 196.39 points, or 0.43%, at 45,711.34 amid a surge in UnitedHealth shares.

Investor worries that the country’s economy may not be holding up as well as previously thought were exacerbated Tuesday after the Bureau of Labor Statistics updated its jobs figures for the 12 months through March, lowering the total payroll gains during that period by 911,000. Not only were the revisions on the high end of what the stock market anticipated but they were also the largest on record going back to 2002.

While the data had minimal impact on stocks Tuesday because they were regarding figures from six months ago, the report might reinforce calls for the country’s central bank to be more aggressive with rate cuts this year.

The jobs picture keeps deteriorating and while that should make it easier for the Fed (U.S. central bank) to cut rates this fall, it could also throw some cold water on the recent rally, according to Chris Zaccarelli, chief investment officer at Northlight Asset Management.

The U.S. stock market is coming off a winning session, with key chipmakers Broadcom and Nvidia helping carry the Nasdaq to all-time highs. During Tuesday’s session, however, Broadcom shares reversed course, slipping more than 2%, after seeing strong gains in the prior two trading days. Its one-week gain is around 13%.