Canada’s S&P/TSX Composite Index hovered flat around the 27,925 mark on Tuesday as investors digested softer-than-expected inflation and fresh geopolitics from President Trump’s meeting with Zelenskiy and European leaders. Canada’s preferred inflation gauge, the CPI Trimmed-Mean, stuck at 3.0% in July versus expectations of 3.1%, which pushed market odds toward a more accommodative BoC stance. At the same time, headlines from the White House meeting included talk of a possible trilateral follow-up involving Putin, though details remain unclear, and Zelenskiy called it a "major step forward." Major railway operators Canadian Pacific and Canadian National led the upside with gains of around 1% each. Tech, on the other hand, offset those gains with Celestica tumbling over 3% and mega-cap Shopify surrendering nearly 1%. In corporate news, Air Canada and the union representing 10,400 flight attendants reached a tentative agreement to end the strike after hundreds of flight cancellations.