Global stocks rose last week, tracking US stocks as Wall Street’s main indexes closed with weekly gains. The MSCI World index was up about 1% for the week, and all three US indexes also set up weekly gains, with the Nasdaq posting the biggest gains. Market watchers attribute the rise to investors’ growing ability to shed individual economic indicators, following remarks on Wednesday from Fed Chairman Jerome Powell that appeared to confirm that pace Interest rate hikes could slow as early as December. The following stocks in the MSCI World Index gained more than 10% in the week ended December 2, with six stocks gaining more than 20%, according to Facts. set. Pharmaceutical stocks have had a strong week, with three companies — Horizon Therapeutics , Catalent and Alnylam Pharmaceuticals — making big money. Horizon Therapeutics was the week’s best performer, up nearly 34%. That comes as it said it was in preliminary negotiations over possible acquisitions with several major pharmaceutical companies, including Amgen, Sanofi and Johnson & Johnson’s Janssen Global Services unit. However, Janssen Global Services on Saturday said it had no intention of making an offer, while Sanofi said if it decided to bid for Horizon, it would do so in cash, as reported by Reuters. The overwhelming majority (81%) of analysts tracking Horizon have given the stock a “buy” rating, although the stock’s average upside to its price target is limited, at zero. 2%. Of all three, Catalent received the highest gains (40%) from analysts — receiving buy ratings from 56% of those who rated the stock. Casino stocks also performed well throughout the week, with Hong Kong-listed Galaxy Entertainment Group and Sands China gaining more than 10% and 20% respectively. Both casino operators are among six new licensees to operate in Macao, the world’s largest gambling hub. Home furniture store Wayfair was another top performer, up 31%. The company reported a strong increase in sales during the five-day weekend. From Thanksgiving to Cyber Monday, the company saw a single-digit increase in sales in the United States compared to the same period last year. US internet and media company IAC was among the top weekly performers, with the highest gain given by analysts – at 60%. The majority (more than 85%) of analysts rate the stock as a buy. — Christina Cheddar Berk of CNBC contributed to this report.