Stock | New NYT paywall doesn't rally investors

Stock markets are broadly lower in trading so far today. But major newspaper publishers are suffering even more -- despite the New York Times Co.'s announcement that it has settled on a pay model for its flagship paper. Among stocks I follow, recent prices and change:

• Gannett: $15.83, down 3%
• News Corp.: $15.37, down 3%
• NYT Co.: $13.14, down 4%
• Dow Jones Industrial Average: down 2%
• S&P-500: down 1%