Stocks tumbled as the euphoria over the Fed’s rate hike faded fast, handing the major indexes big losses that erased virtually all of Wednesday’s gains. The S&P 500 fell 1.5%, while the Dow Jones industrial average and the Nasdaq each shed 1.4%. Volume was lighter across the board, according to preliminary data. Losers topped winners by about a 3-2 margin on the NYSE and the Nasdaq.