IN TWO EXPERIMENTS, WE ASSESSED THE EXPERIENTIAL and cognitive consequences of seven minutes exposure to music (Experiment 1) and speech (Experiment 2). In Experiment 1, participants listened to music for seven minutes and reported their emotional experiences based on ratings of valence (pleasant-unpleasant) and two types of arousal: energy (energetic-boring) and tension (tense-calm). They were then assessed on two cognitive skills: speed of processing and creativity. Music varied in pitch height (high or low pitched), rate (fast or slow), and intensity (loud or soft). Experiment 2 replicated Experiment 1 using male and female speech. Experiential and cognitive consequences of stimulus manipulations were overlapping in the two experiments, suggesting that music and speech draw on a common emotional code. There were also divergent effects, however, implicating domain-specific influences on emotion induction. We discuss the results in view of a psychological framework for understanding auditory signals of emotion.