Streaming Companies Lead Music Stocks’ Gain as U.S. Markets Fall

Streaming Companies Lead Music Stocks’ Gain as U.S. Markets Fall

Music stocks bounced back — and performed better than major U.S. indexes— for a second week after President Trump’s tariff policy sent markets into a tailspin.  The 20-company Billboard Global Music Index (BGMI) rose 3.6% to 2,446.90, its second consecutive gain after falling 8.2% the week ended April 4. Fourteen of the 20 stocks were winners and five had gains exceeding 5%. The largest companies were among the week’s winners, which had an out…