Investors Are Torn Between Selling Equities or Buying the Dip

Stock exposure is high enough to cause a sharp risk-off move, yet light enough to spark a round of dip-buying, and all it would take is a single headline.

US equities have whipsawed in recent days as traders track headlines from the Middle East. Tensions are building at a moment when various forces that could pull the market higher — or lower — are at play.