US STOCKS-Wall St opens lower on weak economic data
* U.S. retail sales growth flat in July
* Financial stocks lag
* Indexes down: Dow 0.18 pct, S&P 0.14 pct, Nasdaq 0.12 pct (Updates to open)
By Yashaswini Swamynathan
Aug 12 (Reuters) - Wall Street opened slightly lower on Friday as tepid economic data weighed, a day after all three major indexes closed at record highs for the first time since 1999.
An unexpectedly flat U.S. retail sales growth and a drop in the producer price index for July hurt investor sentiment.
The weak data could also discourage the Federal Reserve from raising interest rates this year.
Traders are pricing in a 41.6 percent chance of a rate hike in December, down from 45 percent on Thursday, according to CME Group's FedWatch tool.
The S&P 500's financial index fell 0.5 percent and was the biggest loser among seven of the benchmark's 10 major indexes that were in the red. Continuación...