Stocks turned positive on Friday and the S&P 500 briefly hit a session high as the U.S. dollar slipped after a report that a German bank may buy Greek debt as an emergency measure.

The Dow Jones industrial average <.DJI> gained 21.01 points, or 0.20 percent, to 10,342.04. The Standard & Poor's 500 Index <.SPX> rose 2.69 points, or 0.24 percent, to 1,105.63. The Nasdaq Composite Index <.IXIC> added 4.54 points, or 0.20 percent, to 2,238.76.

Bloomberg reported that Germany's KFW Bank may buy Greek debt. The U.S. dollar index was down 0.5 percent.

(Editing by Jeffrey Benkoe)

Germany