Jim Cramer Calls Market 'Terrible,' Explains Why Stocks Can't Rally Wednesday

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What's driving the markets on Wednesday, March 3? 

The Dow was pushing to stay higher in intraday trading, while the S&P and the Nasdaq were lower. 

The ADP National Employment Report released Wednesday showed jobs in the private sector rose by 117,000 last month, down from a revised 195,000 in January and below estimates that called for a gain of 225,000.

Jim Cramer had one word to describe Wednesday's stock action: Terrible.

Cramer said investors filing into the industrials is leaving stocks lower into intraday trading. "There aren’t enough industrials to get a rally," Cramer said. 

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