russ koesterich joining us this morning talking some markets. >>> we have some breaking news right nowving two brazilian companies and a bribery allegation. let's head back to dom chu at headquarters for an update. >> sara, what we have right now reuters is reporting brazilian companies odebrecht and braskem are going to appear today in criminal court to enter pleas involving at least $2 billion worth of possible fines. this is a deal involving ode ii brazilian companies in an alleged bribery scheme and corruption scandal at one point linked to the petrobras scandal. we have not as many details just yet. we do know from the journal yesterday that the terms of the agreement the person said will allow for a guilty plea and will secure settlements in this dollar amount that will be paid to both the u.s. and brazilian and swiss authorities as well. so, mike, we'll probably get more as the morning progresses, but for right now those headlines involving brazil certainly catching some attention. back over to you guys. >> all right, dom, stay on it. thanks very much. >>> the materials sector,