US STOCKS-Tepid economic data pulls Wall Street back from highs
* U.S. retail sales growth flat; dollar dips
* Nordstrom rallies after strong quarterly report
* Oil prices rise nearly 2 pct, energy stocks climb
* Indexes down: Dow 0.3 pct, S&P 0.2 pct, Nasdaq 0.1 pct (Updates to afternoon trading)
By Noel Randewich
Aug 12 (Reuters) - U.S. stocks fell from record highs on Friday as tepid retail sales and producer price data dampened investor confidence in the economy's expansion.
The retreat in stocks followed record high closes the previous day for all three major indexes on a recent rally that has many investors worried about pricey valuations.
"There's a fear of - 'Am I missing out and is it too late?'" said Jeff Carbone, senior partner at Cornerstone Financial Partners in Cornelius, North Carolina. "And on the opposite side - 'Am I at the top and should I get out?'"
Dow Chemical fell 2.51 percent and was the top drag on the materials index, followed by a 1.98 percent drop in DuPont a day after European Union regulators opened a full investigation of their $130 billion merger agreement. Continuación...